Lower Level Retail/Office
For Lease
Contact for pricing
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.
Property Size700 SF
Days on Market8
Property Features for 527 W 48th St
General Information
Standard status
Active
Size
700 SF
Property subtype
RETAIL
Lease Type
SF/mo
Amenities
private shower
Listing Agency:
Meridian Capital Group
(212) 468-5984
Listed By:
Noam Aziz
Source:
Moodyscre
Added: Jul 23
Changed: Jul 27
Last Checked: Jul 29 at 1:55PM
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 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.
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
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$7.07 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
20,242
Businesses Nearby
Explore this area
Business Placement
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
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 47% below the average of $89.62 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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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
