Search
Fifth Avenue Retail Space Available
For Lease
Contact for pricing

397 5th Ave, New York, NY 10016

Retail space in highly trafficked Fifth Avenue corridor.

Space Size1,500 SF - 1,653 SF
Days on Market109

Property Features for 397 5th Ave

General Information

Standard status Active
Size 1,500 SF - 1,653 SF
Property subtype RETAIL

Spaces For Lease

at 397 5th Ave Contact us

393 5th Ave

Floor
1
Size
1,653 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Highly trafficked Fifth Avenue corridor - 4,800 hotel rooms within ¼ mile
Contact us

393 5th Ave

Floor
Cellar
Size
1,500 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Highly trafficked Fifth Avenue corridor - 4,800 hotel rooms within ¼ mile
Contact us
Listing Agency: Newmark - Corporate
Listed By: Tyler King
Source: Moodyscre
Added: May 19 Changed: Aug 8 Last Checked: Sep 2 at 12:31AM

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 Newmark - Corporate

Investment Insights

Based on property information with market context.

This retail space is located in a highly trafficked section of Fifth Avenue. The property offers 1,500 square feet of space. The location benefits from its proximity to 4,800 hotel rooms within a quarter-mile radius.

Key Highlights

  • Highly trafficked Fifth Avenue corridor location
  • 4,800 hotel rooms within ¼ mile
  • Property on Fifth Avenue

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Accounting Firm Nursing Home Hair Salon Catering Service (Bike/Boat/Book/etc) Store

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

8,369
Businesses Nearby
381k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 32% Groceries 26% Dining 19% Home Improvements & Furnishings 17%
Whole Foods Market Groceries
88,654 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
61,501 visits/mo 0.5 miles
Barnes & Noble Shops & Services
34,907 visits/mo 0.4 miles
Staples Office Supplies
19,418 visits/mo 0.2 miles
Bank of America Shops & Services
13,992 visits/mo 0.4 miles

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value

Market

Lease Benchmarks for New York, NY

$51.93 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
6,191 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail space in highly trafficked Fifth Avenue corridor.
Where is this retail space located?
The property is located at 397 5th Ave New York, NY.
What are key features of this property?
This property features: Highly trafficked Fifth Avenue corridor location; 4,800 hotel rooms within ¼ mile; Property on Fifth Avenue
(212) 309-2822 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message