344 Broome Street — Lease in New York, NY

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: New York, NY 10013
  • Size: 9,800 SF

Description

Full-building branding opportunity with tremendous visibility All uses accepted Logical divisions considered Potential to activate rooftop Steps from Ian Schrager’s Public Hotel, the Citizen M Hotel, Sister City by Ace Hotel, 138 Bowery Hotel and the newest to join the area - Moxy NYC Lower East Side Direct Lower Level access from the Bowery for a potential speakeasy or other activation

Market Context

This retail in New York, NY is listed for lease across 9,800 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

$2.90/SF/mo – $3.92/SF/mo

Mid: $3.41/SF/mo

Estimated total for 9,800 SF: $33,418 per month

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

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