635 Amsterdam Avenue — Lease in New York, NY
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: New York, NY 10025
- Size: 1,700 SF
Description
Great corner location Near many public and private schools Close proximity to the 1, 2, 3, B and C subway trains Space has non-contiguous storage
Market Context
This retail in New York, NY is listed for lease across 1,700 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
$3.60/SF/mo – $4.88/SF/mo
Mid: $4.24/SF/mo
Estimated total for 1,700 SF: $7,208 per month
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Craig Slosberg · 1212372-2398 · craig.slosberg@nmrk.com
- Craig Slosberg · 1212372-2398 · craig.slosberg@nmrk.com
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