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Concourse Retail and QSR Spaces
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52 Vanderbilt Ave, New York, NY 10017

Retail/QSR spaces are available on the concourse level passageway connecting Grand Central Terminal and the MetLife Building.

Property Size485 SF
Days on Market417

Property Features for 52 Vanderbilt Ave

General Information

Standard status Active
Size 485 SF
Property subtype RETAIL
Listing Agency: Newmark - Corporate
Listed By: Jeffrey Roseman
Source: Moodyscre
Added: Jun 11, 2025 Changed: Jul 28 Last Checked: Jul 31 at 5:22AM

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.

Available for lease are retail and QSR spaces on the concourse level passageway at 52 Vanderbilt Avenue, within the Grand Central Concourse area. The configuration is designed for businesses that operate from the passageway level with storefront-oriented presence.

The passageway connects Grand Central Terminal and the MetLife Building, providing a direct retail environment within the Grand Central Concourse.

These spaces are offered at 52 Vanderbilt Avenue and are positioned for retail activity within the concourse passageway setting.

Key Highlights

  • Retail/QSR spaces available on the concourse level passageway
  • Passageway connects Grand Central Terminal and the MetLife Building
  • Located at 52 Vanderbilt Avenue / Grand Central Passageway

Property Analytics

Current Use

Ammos Estiatorio Restaurant Quality Transportation Trucking Company Subway Take-out & Catering Market Makers Urbanspace Specialty Food Shop

Suggested Use

Top Pick Pet Grooming Service Nursing Home Adult Day Care Buffet Locksmith (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

87,472
Businesses Nearby

Demographics for 10017, NY

17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
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 - Retail/QSR spaces are available on the concourse level passageway connecting Grand Central Terminal and the MetLife Building.
Where is this retail space located?
The property is located at 52 Vanderbilt Ave New York, NY.
What are key features of this property?
This property features: Retail/QSR spaces available on the concourse level passageway; Passageway connects Grand Central Terminal and the MetLife Building; Located at 52 Vanderbilt Avenue / Grand Central Passageway
(212) 372-2430 Call to check price and availability
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