Washington Heights 2nd Floor Opportunity — Lease in New York, NY

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: New York, NY 10033

Description

Retail | For Lease: 5,702 SF Direct Lease Offices Washington Heights Retail Space Available Key Facts Second Floor: 5,702SF

Market Context

This retail in New York, NY is listed for lease. It has been on the market for 175 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

$3.26/SF/mo – $4.40/SF/mo

Mid: $3.83/SF/mo

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

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