125 Park - Inline Space B — Lease in New York, NY

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: New York, NY 10017
  • Size: 871 SF

Description

Term Long term Frontage 18 FT on Park Avenue Possession Immediate Site Status Vacant Neighbors Los Tacos No. 1, The Little Beet, Dunkin’, Blink Fitness, Benjamin Steakhouse, Fields Good Chicken, Blue Bottle Coffee, Chick-Fil-A, TD Bank, and Juice Generation Comments Ideally situated just off 42nd Street and Park Avenue next to Little Beet and Los Tacos No. 1 Adjacent to Grand Central Terminal which now has 11 new Long Island Railroad lines via East Side Access Located at the base of a 650,000 SF, Class A office building Non-cooking food considered Located one block from SL Green’s One Vanderbilt, a 1.6 million-SF office tower

Market Context

This retail in New York, NY is listed for lease across 871 SF. It has been on the market for 53 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).

Estimated Market Rate

$3.91/SF/mo – $5.29/SF/mo

Mid: $4.60/SF/mo

Estimated total for 871 SF: $4,007 per month

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

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