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Retail Space with Restaurant Venting
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354 W 54th St, New York, NY 10019

New construction retail space on Ninth Avenue with venting in place for restaurants and other food uses.

Property Size1,668 SF
Days on Market404

Property Features for 354 W 54th St

General Information

Standard status Active
Size 1,668 SF
Property subtype RETAIL

Space & Availability

Divisible Yes
Space Use Retail

Amenities

venting in place
Listing Agency: RIPCO Real Estate - Brooklyn
Listed By: Geoff Bailey
Source: Moodyscre
Added: Jun 24, 2025 Changed: Jul 30 Last Checked: Jul 31 at 11:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RIPCO Real Estate - Brooklyn

Investment Insights

Based on property information with market context.

New construction retail space with an abundance of frontage along Ninth Avenue, offering venting already in place for restaurants and other food uses. The layout can be configured to accommodate a variety of operators, with spaces available to be combined or divided to suit.

This is the largest available retail footprint on Ninth Avenue between Columbus Circle and 42nd Street, designed to support high-visibility frontage in a dense, retail-oriented corridor. With 1,668 square feet available, the space is well-suited for a single user or a tailored configuration depending on the tenant’s needs.

Within a 1/4 mile radius, there are over 13,000 households, indicating strong nearby residential demand that can complement retail and food-service concepts relying on walk-in and local traffic.

Key Highlights

  • Venting in place for restaurants and other food uses
  • New construction retail space with abundant frontage along Ninth Avenue
  • Spaces can be combined or divided to suit tenant needs

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Parking Lot & Garage Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

37,284
Businesses Nearby

Demographics for 10019, NY

49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
Median Home Value

Market

Lease Benchmarks for New York, NY

$89.62 /SF/Yr
Avg Asking Price
$12–$250 /SF/Yr
Price Range
2,906 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - New construction retail space on Ninth Avenue with venting in place for restaurants and other food uses.
Where is this retail space located?
The property is located at 354 W 54th St New York, NY.
What are key features of this property?
This property features: Venting in place for restaurants and other food uses; New construction retail space with abundant frontage along Ninth Avenue; Spaces can be combined or divided to suit tenant needs
(718) 233-6565 Call to check price and availability
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