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Retail Condo in Residential Complex
For Lease
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540 W 53rd St, New York, NY 10019

Two-floor retail condo in new residential complex, for lease/sale.

Space Size12,500 SF
Days on Market105

Property Features for 540 W 53rd St

General Information

Standard status Active
Size 12,500 SF
Property subtype Retail, Office

Building Details

Building Size 12,500 SF
Tenancy Single

Spaces For Lease

at 540 W 53rd St Contact us

Space 1

Size
12,500 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Compass East Side
Listed By: Adelaide Polsinelli · License #10301202683
Source: Crexi
Added: May 20 Changed: Aug 31 Last Checked: Aug 31 at 4:52PM

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 Compass East Side

Investment Insights

Based on property information with market context.

This retail condo, available for lease or sale, is located within a recently constructed residential complex. The space spans two floors and is newly built. It features high ceilings on both levels, a car elevator, a curb cut, and windowed frontage. Permitted uses for the property include lumber stores, photography or art galleries and storage, production studios, theaters, automotive services, construction, and general retail.

Key Highlights

  • Brand new retail condo in a recently built residential complex.
  • High ceilings on both floors.**
  • Car elevator.**

Property Analytics

Current Use

Bright Horizons at West ... Daycare Center Cybert Complete Car ... Auto Repair Shop Giovanna Kapsi Counselor Rainbow Roommates Real Estate Agency 540 West 53rd ... Apartment Building

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Skin Care Clinic

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

6,915
Businesses Nearby
59k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 36% Shops & Services 32% Dining 18% Apparel 10%
Bravo Supermarkets Groceries
15,635 visits/mo 0.3 miles
Chase Bank Shops & Services
13,539 visits/mo 0.2 miles
Carvel Ice Cream Dining
5,481 visits/mo 0.2 miles
Bravo Supermarkets Groceries
5,355 visits/mo 0.4 miles
Sunoco Shops & Services
3,761 visits/mo 0.4 miles

Demographics for 10019, NY

49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
Median Home Value

Market

Lease Benchmarks for New York, NY

$51.93 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
6,191 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 - Two-floor retail condo in new residential complex, for lease/sale.
Where is this retail space located?
The property is located at 540 W 53rd St New York, NY.
What are key features of this property?
This property features: Brand new retail condo in a recently built residential complex.; High ceilings on both floors.**; Car elevator.**
(646) 854-3801 Call to check price and availability
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