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Lower Level Retail/Office Suite
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527 W 48th St, New York, NY 10036

Lower level retail or office space includes a private shower and suits small appointment-based concepts or back-office use.

Space Size700 SF
Days on Market101

Property Features for 527 W 48th St

General Information

Standard status Active
Size 700 SF
Property subtype RETAIL

Site & Location

Neighborhood Midtown Manhattan

Amenities

private shower

Spaces For Lease

at 527 W 48th St
527 W 48th St $2,750/Mo
Floor Lower Level
Size 700 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
- Lower level retail/office space with private shower - Ideal for small office concepts - Suitable for appointment-based or back-office users - Strong surrounding residential development with increasing foot traffic
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Listing Agency: Meridian Capital Group
Listed By: Noam Aziz
Source: Moodyscre
Added: Jul 23 Changed: Oct 26 Last Checked: Oct 30 at 5:28PM

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

Rey
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Investment Insights

Based on property information with market context.

This lower level suite offers a combined retail and office setup, with a private shower included in the space. It is positioned as a fit for smaller office concepts that rely on appointment-based use or support/back-office functions.

The property is in an area with strong surrounding residential development, with foot traffic described as increasing in the area.

With its compact configuration and dedicated shower feature, the space can work for tenants seeking a practical, lower level footprint for day-to-day operations.

Key Highlights

  • Lower level retail/office space with a private shower
  • Well‑suited for small appointment‑based concepts
  • Also suitable for back‑office use

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Adult Day Care Butcher 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
$7.07 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

20,242
Businesses Nearby

Demographics for 10036, NY

33,868
Population
22,473
Households
1.5
Avg Household Size
37
Median Age
69%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
84,670
Density / Sq Mi
$100,225
Median Household Income
$86,122
Median Earnings
$2,301
Median Rent
$988,000
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

$47.59 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
5,130 SF
Avg Space Size

This space is priced 1% below the average of $47.59 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Lower level retail or office space includes a private shower and suits small appointment-based concepts or back-office use.
Where is this retail space located?
The property is located at 527 W 48th St New York, NY.
What is the lease rate?
The lease rate is $2,750/Mo.
What are key features of this property?
This property features: Lower level retail/office space with a private shower; Well‑suited for small appointment‑based concepts; Also suitable for back‑office use
(212) 468-5984 · Office Call to check price and availability
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