600 West 57th Street — Lease in New York, NY

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: New York, NY 10019
  • Size: 5,000 SF

Description

Space features: private restroom, polished concrete, tile, wood or carpet available, wet pantry, tenant-controlled central air 24/7 access Elevatored building Signage opportunity on the building Direct access to the West Side Highway

Market Context

This retail in New York, NY is listed for lease across 5,000 SF. It has been on the market for 54 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

$3.66/SF/mo – $4.95/SF/mo

Mid: $4.30/SF/mo

Estimated total for 5,000 SF: $21,500 per month

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

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