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Prime Times Square Retail Space
For Lease
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Half block from 5th Ave and 32nd Street, New York, NY 10001

Retail space in Times Square with high foot traffic.

Space SizeContact for details
Property Size150,000 SF
Days on Market494

Property Features for Half block from 5th Ave and 32nd Street

General Information

Standard status Active
Size 150,000 SF
Property subtype Retail, Restaurant, Special Purpose
Lease Type Gross

Building Details

Building Size 150,000 SF
Year Built 2025
Tenancy Multiple

Spaces For Lease

at Half block from 5th Ave and 32nd Street Contact us

Available Space 1

Type
Retail
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Simon Lou / Hotel Real Estate Group
Listed By: Simon Lou · License #NY10311206078
Source: Crexi
Added: Apr 15, 2025 Changed: Aug 8 Last Checked: Aug 21 at 2:32PM

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 Simon Lou / Hotel Real Estate Group

Investment Insights

Based on property information with market context.

This retail space is located in a prime Times Square location on the ground floor, half block from 5th Ave and 32nd Street, New York, NY 10001. The space is suitable for special brands and tenants with good financials. The available area ranges from 2000 to 10,000 square feet.

Key Highlights

  • Prime Times Square Location
  • High Foot Traffic
  • Retail Space on Ground Floor

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Locksmith Parking Lot & Garage Plumbing Service

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
$37.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

91,205
Businesses Nearby

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

Market

Lease Benchmarks for New York, NY

$65.31 /SF/Yr
Avg Asking Price
$12–$200 /SF/Yr
Price Range
5,708 SF
Avg Space Size

This space is priced 283% above the average of $65.31 /SF/Yr.

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 - Retail space in Times Square with high foot traffic.
Where is this retail space located?
The property is located at Half block from 5th Ave and 32nd Street New York, NY.
What is the lease rate?
The lease rate is $250 SF/Yr.
What are key features of this property?
This property features: Prime Times Square Location; High Foot Traffic; Retail Space on Ground Floor
More about this property
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