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Retail Space in Manhattan Location
For Lease
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1250 5th Ave, New York, NY 10029

Retail space for lease in prime Manhattan location.

Space Size1,060 SF
Days on Market1000

Property Features for 1250 5th Ave

General Information

Standard status Active
Size 1,060 SF
Property subtype Office, Special Purpose
Lease Type Modified Gross

Building Details

Tenancy Multiple

Spaces For Lease

at 1250 5th Ave Contact us

Space A

Size
1,060 SF
Type
Office, Special Purpose
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Gendron Commercial
Listed By: John Gendron · License #ME 104572
Source: Crexi
Added: Nov 29, 2023 Changed: Aug 19 Last Checked: Aug 25 at 3:17PM

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 Gendron Commercial

Investment Insights

Based on property information with market context.

Available for lease is a 1,060 +/- square foot retail space situated in a prime Manhattan location. The lease is modified gross with a 10-year minimum term. This property is suitable for use as a community facility.

Key Highlights

  • Prime Manhattan location
  • 1,060 +/- SF of retail space
  • Community Facility Space

Property Analytics

Current Use

Aurora-Communications P.R. Telecommunications Service Apparel Unique School High School

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Auto Repair Shop Big Box & Wholesale Store Acupuncture

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

10,265
Businesses Nearby

Demographics for 10029, NY

78,141
Population
36,955
Households
2.1
Avg Household Size
36
Median Age
36%
College-Educated
78%
High-School Grad
1.2 sq mi
ZIP Area
65,118
Density / Sq Mi
$38,308
Median Household Income
$41,951
Median Earnings
$1,183
Median Rent
$818,100
Median Home Value

Market

Lease Benchmarks for New York, NY

$50.31 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
6,524 SF
Avg Space Size

This space is priced 29% above the average of $50.31 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space for lease in prime Manhattan location.
Where is this retail space located?
The property is located at 1250 5th Ave New York, NY.
What is the lease rate?
The lease rate is $65 SF/Yr.
What are key features of this property?
This property features: Prime Manhattan location; 1,060 +/- SF of retail space; Community Facility Space
More about this property
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