311 W. 42nd Street — Sale in New York, NY

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

Description

Available sqft: 42,009 311 W. 42nd Street (Btwn Eighth & Ninth Ave) At the base of a new 330-unit, 32-story luxury residential building Ground Floor: 19,186 SF, 20' - 23' Ceiling Lower Level: 22,823 SF, 23' Ceiling Total: 42,009 SF

Market Context

This retail in New York, NY is listed for sale. It has been on the market for 196 days. Compare it against other retail listings for sale 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.

Contact

• Michael Kadosh · 212 984 7113 · michael.kadosh@cbre.com
• Lon Rubackin · 212 984 8195 · lon.rubackin@cbre.com

Explore this market

• Retail listings
• Retail for Sale in New York
• Retail for Sale in New York, NY
• Commercial real estate in New York, NY
• New York commercial real estate
• Commercial property estimator

Similar Retail Business for Sale 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