53 Broadway — Lease in Brooklyn, NY

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Brooklyn, NY 11249

Description

Commercial property listing from JLL. Property: 53 Broadway.

Market Context

This retail in Brooklyn, NY is listed for lease. It has been on the market for 166 days. Compare it against other retail listings for lease in Brooklyn, 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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