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Storefront Retail Space Near Subway
For Lease
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501 7th Ave, New York, NY 10018

Storefront retail space steps from Macy’s flagship, situated between multiple Midtown subway stations.

Space Size3,633 SF
Days on Market163

Property Features for 501 7th Ave

General Information

Standard status Active
Size 3,633 SF
Property subtype RETAIL

Spaces For Lease

at 501 7th Ave Contact us

501 7th Ave

Floor
Basement
Size
3,633 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, 30 Days
Sublease
No
- Situated between 34th St – Penn Station, Herald Square, and 42nd Street – Times...
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Listing Agency: RIPCO Real Estate - Corporate
Listed By: Morgan Singer
Source: Moodyscre
Added: Apr 7 Changed: Sep 5 Last Checked: Sep 16 at 1:15PM

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 - Corporate

Investment Insights

Based on property information with market context.

Storefront retail space with approximately 3,633 square feet, positioned for foot traffic in one of Manhattan’s busiest retail corridors.

The location sits between 34th St–Penn Station and 42nd Street–Times Square subway stations, with additional proximity to the Herald Square area. The space is steps from Macy’s flagship location.

The surrounding market includes over 50 million square feet of corporate office tenants, supporting consistent weekday demand and strong visibility for retail use.

Key Highlights

  • Approximately 3,633 square feet storefront retail space
  • Steps from Macy’s flagship location
  • Between 34th St–Penn Station and 42nd Street–Times Square subway stations

Property Analytics

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Current Use

Fair Mortgage Collaborative Loan Service Federated Title Services ... Title Company Pamella Roland Department Store MBP Construction Company Potbelly Sandwich Shop ... Take-out & Catering

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Parking Lot & Garage Plumbing Service Electrical Service

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

81,836
Businesses Nearby
Well-served
Demand for This Use

Demographics for 10018, NY

11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$43.97 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
3,043 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?
Storefront property - Storefront retail space steps from Macy’s flagship, situated between multiple Midtown subway stations.
Where is this storefront property located?
The property is located at 501 7th Ave New York, NY.
What are key features of this property?
This property features: Approximately 3,633 square feet storefront retail space; Steps from Macy’s flagship location; Between 34th St–Penn Station and 42nd Street–Times Square subway stations
(212) 230-5884 Call to check price and availability
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