801 11th Avenue — Lease in New York, NY

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: New York, NY 10019
  • Size: 71,000 SF

Description

SPACE Ground Floor 22,000 SF Ground Floor Dedicated Outdoor Parking 5,000 SF Second Floor 22,000 SF Third Floor 22,000 SF Total 71,000 SF POSSESSION Immediate TERM Long term FRONTAGE 400 FT of wraparound frontage CEILING HEIGHT Ground Floor 14 FT SITE STATUS Formerly occupied by BMW and Mini Cooper NEIGHBORS Audi, CBS Studios, Icahn School of Medicine at Mount Sinai, Land Rover, Manhattan Surgery Center, Rensselaer Polytechnic Institute, T5, Volkswagen COMMENTS Full block-through branding opportunity Turnkey car dealership Multiple entrances on side streets and Avenue Includes showroom, car wash station, offices, parking and rooftop Ground Floor/Third Floor private, dedicated outdoor parking Ground Floor is on grade, Second and Third Floors have a live load capacity of 120+ lbs Direct access to service area on the Second Floor from 11th Avenue HVAC system on all interior floors High-speed overhead doors for swift vehicle access Two passenger elevators

Market Context

This retail in New York, NY is listed for lease across 71,000 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 71,000 SF: $305,300 per month

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

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