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Vented Retail Space in Sutton
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405 E 56th St, New York, NY

Prime retail space with gas, multiple restrooms, and high ceilings.

Property Size2,000 SF
Lot Size0.46 Acres
Days on Market340

Property Features for 405 E 56th St

General Information

Standard status Active
Size 2,000 SF
Lot size 0.46 Acres
Property subtype RETAIL
Listing Agency: Investment Property Realty Group (IPRG)
Listed By: Joseph Sobolov
Source: Moodyscre
Added: Aug 25, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:37AM

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 Investment Property Realty Group (IPRG)

Investment Insights

Based on property information with market context.

This 2,000 square foot retail space features full ventilation and existing gas infrastructure. The space includes multiple restrooms and high ceilings. Situated in the Sutton Place neighborhood, the location benefits from consistent foot traffic throughout the week, supported by a mix of dining and retail establishments. The property is located on a densely populated residential block, bordering a busy office district. Nearby businesses include Bloomingdale’s, CB2, Roche Bobois, Modani, Mr. Chow, Morso, Rosa Mexicano, The Smith, Whole Foods, Trader Joes, Morton Williams, and Daiso, Deux Amis.

Key Highlights

  • Prime Sutton Place location with high 7‑day‑a‑week foot traffic.
  • Fully vented retail space with gas in place.
  • Multiple restrooms and high ceilings.

Property Analytics

Current Use

Giles Edit Inc. Film Production Lisa Traina Wedding ... Wedding Service Lillian H Ostergard ... (Bike/Boat/Book/etc) Store Hornblower & Company Consultant Ny State Society ... Association Or Organization

Suggested Use

Top Pick Auto Parts Store Butcher Nursing Home Buffet (Bike/Boat/Book/etc) Store Clothing & Fashion 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
$17.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

103
Businesses Nearby

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

This space is priced 27% above the average of $89.62 /SF/Yr.

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 - Prime retail space with gas, multiple restrooms, and high ceilings.
Where is this retail space located?
The property is located at 405 E 56th St New York, NY.
What is the lease rate?
The lease rate is $19,000 /Mo.
What are key features of this property?
This property features: Prime Sutton Place location with high 7‑day‑a‑week foot traffic.; Fully vented retail space with gas in place.; Multiple restrooms and high ceilings.
(718) 360-4761 Call to check price and availability
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