Retail

950 6th Avenue, New York, NY 10001 – Midtown / Herald Square
Asking Rent: $80,000
Size: 2,671 sq ft
Use: High-Volume Retail / Flagship Store / Bank / Restaurant
Lease Type: Commercial Lease (Retail)
Price per Sq Ft: ~$29.95/sq ft/year | ~$2.50/sq ft/month

Property Overview

This 2,671-square-foot retail space at 950 6th Avenue offers a high-stakes, high-visibility opportunity in the epicenter of Manhattan’s busiest pedestrian and retail corridor. With an asking rent of $80,000, this space commands a very high price per square foot, reflecting its position as a premier ground-floor box in the heart of Herald Square. This space is designed for a national or international brand, major bank, or high-volume food & beverage operator with a proven concept capable of generating immense sales from the relentless foot traffic of tourists, commuters, and office workers.

Space Highlights

• Prime 2,671 sq ft of ground-level retail space on Sixth Avenue (Avenue of the Americas)
• Extremely high price per square foot indicative of a top-tier, maximum-exposure retail location
• Likely features high ceilings, strong street frontage, and modern building infrastructure
• Suitable for a flagship store, high-traffic bank branch, or large-format restaurant/cafe
• Space is built for maximum revenue generation per square foot from walk-in customers

Location & Neighborhood

• Unbeatable retail location at the corner of 6th Avenue and 35th Street, steps from Macy’s Herald Square
• In the densest retail district in the United States, anchored by Macy’s, Manhattan Mall, and countless flagship stores
• Unparalleled foot traffic from over 100 million annual visitors, including tourists, office workers, and commuters
• Directly connected to the massive transit hub of Penn Station (LIRR, NJ Transit, Amtrak) and Herald Square subway station (B/D/F/M, N/Q/R/W)
• Surrounded by major hotels, corporate offices, and the garment district, providing a consistent daily customer base

Summary

Offered at $80,000 (~$29.95/sq ft/year), this 2,671 sq ft retail space at 950 6th Avenue is a trophy location for a retailer or service provider that operates at the highest volume. The rent is a direct reflection of the space’s potential sales volume, driven by its visibility and access to millions of potential customers. This space is for an established, deep-pocketed operator—such as a global retail chain, major bank, or destination food hall—for whom this location would serve as a critical, high-profile revenue driver and brand beacon in the heart of New York City.