204 West 115th Street — Lease in New York, NY
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: New York, NY 10026
- Size: 3,389 SF
Description
South block between Adam Clayton Powell Jr. Boulevard and Frederick Douglass Boulevard
Market Context
This retail in New York, NY is listed for lease across 3,389 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
$2.75/SF/mo – $3.73/SF/mo
Mid: $3.24/SF/mo
Estimated total for 3,389 SF: $10,980 per month
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
Explore this market
Similar Retail Business for Lease in New York, NY
- Corner - Geneva, FLCC Campus — $129K · Geneva, NY · 2,316 SF
- Genesee Plaza — Contact for price · Syracuse, NY
- George Street — Contact for price · Rome, NY
- Grand Union Plaza — Contact for price · Cortland, NY
- Hotel Novotel Times Square — Contact for price · New York, NY
- Manhattan West — Contact for price · New York, NY