Retail Business for Sale in New York, NY
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: New York, NY 10019
Description
Now Available for Lease, Retail, 353 West 57th Street @ Ninth Avenue located at 353 W 57th St. Available square footage 1,598 - 7,410 SF. Please contact us for further information.
Market Context
This retail in New York, NY is listed for sale. It has been on the market for 46 days. Compare it against other retail listings for sale in New York, NY — <a href="/search/sale/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$383.61/SF – $519.01/SF
Mid: $451.31/SF
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Michael Riley · michael.riley@jll.com
- Patrick A. Smith · patricka.smith@jll.com
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