191 Chrystie Street — Lease in New York, NY
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: New York, NY 10002
- Size: 3,500 SF
Description
Distinctive, move-in ready space ideal for a gallery, showroom, creative office of fitness/wellness user
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).
Estimated Market Rate
$2.95/SF/mo – $3.99/SF/mo
Mid: $3.47/SF/mo
Estimated total for 3,500 SF: $12,145 per month
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Ravi Idnani · 1212916-2938 · ravi.idnani@nmrk.com
- Ravi Idnani · 1212916-2938 · ravi.idnani@nmrk.com
- Andrew Stern · 1212351-9353 · andrew.stern@nmrk.com
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