Listing Agency: CBRE | Midtown Manhattan m***@cbre.com Show Phone

Listed By: Matthew Chmielecki Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 19 Last Checked: Aug 20 at 9:42AM

Report an Issue

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 CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

Retail space is available for lease at Grand Central Madison, specifically for coffee and food and beverage tenants. The location is within the new retail concourse of the Grand Central Madison Long Island Railroad Terminal extension. The property offers a total size of 6162 square feet.

Key Highlights

• Grand Central Madison location
• New retail space
• Targeting coffee and F&B tenants

Property Analytics

Property Profile

Current Use

Paper Source - Grand ... (Bike/Boat/Book/etc) Store Ceriello Fine Foods Take-out & Catering Eli's Farm to Table Grocery & Convenience Store Sushi by Pescatore Restaurant Cipriani Dolci Restaurant

Suggested Use

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

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

85,433

Businesses Nearby

Explore this area Business Placement

Demographics for 10017, NY

17,401

Population

12,866

Households

1.4

Avg Household Size

38

Median Age

85%

College-Educated

97%

High-School Grad

0.3 sq mi

ZIP Area

58,003

Density / Sq Mi

$132,518

Median Household Income

$94,214

Median Earnings

$2,980

Median Rent

$808,200

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

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Rent Nearby

Two-Room Office Unit

7 Chatham Square, New York, NY 10038

$2,300/Mo

361 sqft

View details

Full-Floor Office Unit

148 W 24th Street, New York, NY 10011

$15,000/Mo

5,000 sqft

View details

Corner Storefront Retail Space

750 Lexington Ave, New York, NY 10022

$3,000/Mo

3,000 sqft

View details

Prewar Loft Studio Creative Space

494 LaGuardia Place, New York, NY 10012

$3,650/Mo

450 sqft

View details

Second-Floor Office Unit

3610 Main Street, New York, NY 11354

$8,800/Mo

2,400 sqft

View details

Fully Vented Restaurant Kitchen Space

185 Orchard St, New York, NY 10002

$4,198/Mo

4,198 sqft

View details

Renovated Office Unit with Kitchenette

2f-2040 129th Street, New York, NY 11356

$3,000/Mo

1,100 sqft

View details

Storefront Commercial Space

320 west 135th street 320 west 135th St, New York, NY 10030

$6,000/Mo

800 sqft

View details

Medical Office Build-to-Spec Space

47-01 Queens Boulevard, New York, NY 11104

$45 SF/Yr

5,181 sqft

View details

Retail Space with Venting Potential

346 W 14th St, New York, NY 10014

$1,900/Mo

1,900 sqft

View details

Turnkey Corner Office Suite

110 Greene Street, New York, NY 10012

$105 SF/Yr

5,378 sqft

View details

Two-Room Office Unit

202-7 Chatham Sq, New York, NY 10038

$2,300/Mo

361 sqft

View details

Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for coffee and food & beverage tenants.

Where is this retail space located?

The property is located at 89 East 42nd Street New York, NY.

What are key features of this property?

This property features: Grand Central Madison location; New retail space; Targeting coffee and F&B tenants