2372 Broadway — Lease in New York, NY

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: New York, NY 10024

Description

SPACE Ground Floor 5,000 SF Lower Level 30,000 SF Total 35,000 SF POSSESSION October 2024 (or sooner) FRONTAGE 50 FT on Broadway SITE STATUS Currently PC Richard & Son NEIGHBORS 5 Napkin Burger, AMC Theaters, Baked by Melissa, Barnes & Noble, Blank Street Coffee, CVS pharmacy, Chipotle Mexican Grill, Citibank, City MD, Juice Generation, Key Food, P.C. Richard & Son, Panera Bread (coming soon), Playa Bowls, Spectrum, Starbucks (coming soon), TD Bank, Tend Dental, The Shade Store, Zabar’s COMMENTS Big-box flagship opportunity Located at a heavily-trafficked intersection and adjacent to the entrance/exit of the 86th Street subway station Residential population of over 30,000 within a 1/4 mile radius Dedicated loading on Amsterdam Avenue

Market Context

This retail in New York, NY is listed for lease. 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).

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