Commercial Space for Lease – 161 West 106th Street, New York, NY 10025

Asking Rent: $20,000 / Month
Size: 943 SF
Price per SF: ~$254 / SF annually
Property Type: Retail / Restaurant / Service Space
Status: Active

Property Overview

161 West 106th Street offers 943 SF of prime commercial space in Manhattan’s Upper West Side. Situated near Columbia University and Morningside Heights, the location benefits from a dense residential base, student population, and strong neighborhood demand for retail and dining. This compact, highly visible space is ideal for quick-service food, boutique retail, or personal services.

Key Features

• Total Size: 943 SF
• Asking Rent: $20,000/month ($240,000 annually)
• Price per SF: ~$254 annually
• Use Flexibility: Food & beverage (QSR/café), boutique retail, wellness/service tenants
• Frontage: Ground-floor storefront with excellent neighborhood visibility
• Condition: Lease-ready; customizable for tenant fit-out

Market Profile

• Target Tenants: Cafés, restaurants, neighborhood retailers, wellness studios, or personal service operators
• Neighborhood Demand: Strong, consistent demand from Columbia University students, local residents, and professionals in the Upper West Side / Morningside corridor
• Competitive Advantage: At ~$254/SF, this compact unit offers high visibility and foot traffic in a dense residential/student market

Location Advantages

• Neighborhood: Upper West Side / Morningside Heights
• Proximity: Columbia University, Morningside Park, Central Park North, and Broadway corridor retail
• Transit: Close to 1 train at 103rd Street and B/C trains at Cathedral Parkway (110th Street)
• Foot Traffic: Strong mix of students, families, and professionals

Summary

The 943 SF space at 161 West 106th Street provides a high-visibility Upper West Side retail opportunity, offered at $20,000/month (~$254/SF annually). With strong neighborhood demand, consistent foot traffic, and proximity to Columbia University, the property is ideally suited for quick-service food, boutique retail, or wellness/service operators.