Retail Business for Lease in New York, NY

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: New York, NY 10012

Description

Less than 50 feet from Supreme Clean, move-in ready space with efficient floor plate Located in a dynamic neighborhood bordering NoLIta, SoHo and the Lower East Side with top apparel stores, outstanding restaurants, and trendy art gallery co-tenancies Steps from Ian Schrager’s Public Hotel, the Citizen M Hotel, Sister City by Ace Hotel and the newest to join the area - Moxy NYC Lower East Side

Market Context

This retail in New York, NY is listed for lease. It has been on the market for 5 days. Compare it against other retail listings for lease in New York, NY — <a href="/search/lease/retail/new-york/new-york">view the full market</a>.

As of Q1 2026, the New York City Area retail market showed a 4.2% vacancy rate, average asking rents near $54.00/SF/yr, and cap rates around 6.2%. Source: Www.matthews.com Q1 2026 market report.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in New York City Area?
About 6.2% as of Q1 2026, per Www.matthews.com.
Is the New York City Area retail market tightening or softening?
Vacancy is around 4.2% (Q1 2026).

Unified Estimate

Medium Confidence

$3.35/SF/mo – $4.53/SF/mo

Mid: $3.94/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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