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Lower Level Retail Space with High Ceilings
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For Lease
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505 W 19th St, New York, NY 10011

Lower level retail at the base of a luxury condo building, with no on-premise cooking and high ceilings.

Property Size2,862 SF
Days on Market5

Property Features for 505 W 19th St

General Information

Standard status Active
Size 2,862 SF
Property subtype RETAIL
Lease Type SF/mo

Additional Details

Divisible Yes
Listing Agency: Meridian Capital Group
Listed By: James Famularo
Source: Moodyscre
Added: Jul 28 Changed: Jul 31 Last Checked: Jul 31 at 6:38AM

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 Meridian Capital Group

Investment Insights

Based on property information with market context.

This lower level retail space is offered with high ceilings and no on-premise cooking, making it well-suited for uses that don’t require in-unit food preparation. The layout supports logical division, which has been considered to accommodate a range of tenant requirements.

The space is positioned at the base of a luxury condo building, directly across from the Lantern House. It’s also steps from the new Faena Hotel and Chelsea Piers, placing it in a heavily trafficked area for local foot traffic.

The property size is 2,862 square feet. Uses noted include a café, showroom, gallery, health & wellness, or medical.

Key Highlights

  • 2,862 SF lower level retail space
  • 13+ ft ceilings
  • Retail at the base of a luxury condo building

Property Analytics

Current Use

505 West 19 ... Condominium Complex High Line LUX ... Hotel & Motel Shifters And Packers NJ Moving Company

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Adult Day Care (Bike/Boat/Book/etc) Store Daycare Center

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
$7.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

14,032
Businesses Nearby

Demographics for 10011, NY

53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
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

This space is priced 44% below 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 - Lower level retail at the base of a luxury condo building, with no on-premise cooking and high ceilings.
Where is this retail space located?
The property is located at 505 W 19th St New York, NY.
What is the lease rate?
The lease rate is $50 SF/Yr.
What are key features of this property?
This property features: 2,862 SF lower level retail space; 13+ ft ceilings; Retail at the base of a luxury condo building
(212) 468-5960 Call to check price and availability
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