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Retail Storefront with High Ceilings
For Lease
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540 W 28th St, New York, NY 10001

Approximately 8’ of frontage and high ceilings in a retail storefront with non-vented food uses considered.

Space Size1,500 SF
Days on Market71

Property Features for 540 W 28th St

General Information

Standard status Active
Size 1,500 SF
Property subtype RETAIL

Spaces For Lease

at 540 W 28th St Contact us

538 W 28th St

Floor
1
Size
1,500 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Nearby Hudson Yards with more than 18M square feet of commercial and residential...
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Listing Agency: Zelnik & Co.
Listed By: Jonathan Yaghoubian
Source: Moodyscre
Added: Jul 7 Changed: Aug 15 Last Checked: Sep 15 at 5:07AM

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 Zelnik & Co.

Investment Insights

Based on property information with market context.

Available for lease at 540 W 28th St, this retail storefront offers approximately 8’ of street frontage and high ceilings. Non-vented food uses are considered, subject to approval. The space was formerly Pearl Pilates.

The location places you near Hudson Yards, with more than 18M square feet of commercial and residential space, and includes an entrance to The High Line on the block (noted at approximately 8M annual visitors). The property is also about a half block from Terminal Warehouse, in an area described as newly dense with residential and commercial development.

With its storefront frontage and ceiling height, the space can support a range of retail concepts that fit within the non-vented food-use consideration.

Key Highlights

  • Approximately 8’ of frontage in a retail storefront
  • High ceilings
  • Non‑vented food uses considered

Property Analytics

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Open Analytics

Current Use

540 W 28 ... Condominium Complex +aRt Condominium Complex de Vera (Bike/Boat/Book/etc) Store MEGA AURORA LLC Shopping Center & Mall Taza Ayurveda (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Pet Grooming Service Buffet Adult Day Care Nursing Home (Bike/Boat/Book/etc) Store Clothing & Fashion 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

25,011
Businesses Nearby
Well-served
Demand for This Use

Demographics for 10001, NY

32,612
Population
17,554
Households
1.9
Avg Household Size
35
Median Age
72%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
54,353
Density / Sq Mi
$123,393
Median Household Income
$97,848
Median Earnings
$3,024
Median Rent
$793,000
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

$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 - Approximately 8’ of frontage and high ceilings in a retail storefront with non-vented food uses considered.
Where is this storefront property located?
The property is located at 540 W 28th St New York, NY.
What are key features of this property?
This property features: Approximately 8’ of frontage in a retail storefront; High ceilings; Non‑vented food uses considered
(516) 388-0510 Call to check price and availability
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