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Retail Space with Grocery Infrastructure
For Lease
Contact for pricing

550-770 W 53rd St, New York, NY 10019

Existing refrigeration, kitchen, and exhaust systems support a range of potential retail uses.

Space Size6,000 SF
Days on Market12

Property Features for 550-770 W 53rd St

General Information

Standard status Active
Size 6,000 SF
Property subtype RETAIL

Amenities

refrigeration
kitchen
exhaust

Spaces For Lease

at 550-770 W 53rd St Contact us

550 W 53rd St

Floor
Ground
Size
6,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located in at the base of Mercedes House, a luxury apartment building with 864...
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Listing Agency: Kassin Sabbagh Realty (KSR)
Listed By: Eli Yadid
Source: Moodyscre
Added: Jul 31 Changed: Aug 8 Last Checked: Aug 10 at 10:13AM

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 Kassin Sabbagh Realty (KSR)

Investment Insights

Based on property information with market context.

This 6,000-square-foot retail space is located at the base of Mercedes House, a residential apartment building with 864 units. The premises previously served as a grocery store and retain refrigeration, kitchen, and exhaust systems that may support food-related or other retail operations.

The property is at 550-770 W 53rd St in New York, NY 10019, within a densely residential setting. The space is open to most uses, providing flexibility for prospective occupants evaluating a storefront location with existing commercial infrastructure.

Key Highlights

  • 6,000‑square‑foot retail space at the base of Mercedes House
  • Mercedes House includes 864 apartment units
  • Refrigeration, kitchen, and exhaust systems remain in place

Property Analytics

Current Use

Retail space

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

$70.65 /SF/Yr
Avg Asking Price
$12–$200 /SF/Yr
Price Range
5,957 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 - Existing refrigeration, kitchen, and exhaust systems support a range of potential retail uses.
Where is this retail space located?
The property is located at 550-770 W 53rd St New York, NY.
What are key features of this property?
This property features: 6,000‑square‑foot retail space at the base of Mercedes House; Mercedes House includes 864 apartment units; Refrigeration, kitchen, and exhaust systems remain in place
(917) 770-9173 Call to check price and availability
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