Retail Business for Lease in New York, NY
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: New York, NY 10002
Description
Existing second generation bar and restaurant space with a full kitchen with Type 1 venting and gas
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$2.95/SF/mo – $3.99/SF/mo
Mid: $3.47/SF/mo
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Andrew Stern · 1212351-9353 · andrew.stern@nmrk.com
- Andrew Stern · 1212351-9353 · andrew.stern@nmrk.com
- Ravi Idnani · 1212916-2938 · ravi.idnani@nmrk.com
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