10 East 40th Street — Lease in New York, NY
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: New York, NY 10016
- Size: 3,500 SF
Description
Busy side street location with block through potential Near Amazon’s 615,000-SF headquarters which includes their 35,000-SF food hall “Shaver Hall” Strong mix of office and hotel traffic Venting is possible
Market Context
This retail in New York, NY is listed for lease across 3,500 SF. It has been on the market for 54 days. Compare it against other retail listings for lease in New York, NY — view the full market.
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%.
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.
- Is the New York City Area retail market tightening or softening?
- Vacancy is around 4.2% (Q1 2026).
Contact
- Tyler King · 1212309-2822 · tyler.king@nmrk.com
- Tyler King · 1212309-2822 · tyler.king@nmrk.com
- Ariel Schuster · 1212331-0132 · ariel.schuster@nmrk.com
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