Retail

365 West 50th Street, New York, NY 10019 – Hell’s Kitchen / Theater District
Asking Rent: $12,500
Size: 1,000 sq ft
Use: Restaurant / Bar / Café / Neighborhood Retail / Service Business
Lease Type: Commercial Lease (Retail)
Price per Sq Ft: ~$150.00/sq ft/year | ~$12.50/sq ft/month

Property Overview

This 1,000-square-foot retail space at 365 West 50th Street offers a prime opportunity in the bustling Hell’s Kitchen neighborhood, steps from the Theater District. With an asking rent of $12,500, the space commands a premium price per square foot that reflects its high-visibility location on a major cross street with strong foot traffic from tourists, theatergoers, and local residents. This space is ideal for a restaurant, bar, café, or neighborhood-focused retail or service business seeking to capitalize on the area’s constant energy and diverse customer base.

Space Highlights

• Versatile 1,000 sq ft of ground-floor retail space
• High price per square foot indicative of a prime Hell’s Kitchen/Theater District location
• Likely features strong street frontage and visibility, suitable for a vibrant storefront
• Size accommodates a full-service restaurant with kitchen and seating, or a spacious boutique or service establishment
• Turnkey or build-out potential for a concept tailored to the neighborhood’s eclectic mix

Location & Neighborhood

• Prime Hell’s Kitchen location on West 50th Street between 8th and 9th Avenues
• In the heart of Manhattan’s Theater District, just blocks from Broadway venues and Times Square
• Extremely high foot traffic from pre- and post-theater crowds, tourists, hotel guests, and local residents
• Surrounded by a diverse array of restaurants, bars, entertainment venues, and boutique shops
• Excellent access to subway lines (C/E, 1, N/Q/R/W) at 50th Street and 49th Street
• Walkable to Columbus Circle, Rockefeller Center, and the developing Hudson Yards district

Summary

Offered at $12,500 per month (~$150.00/sq ft/year), this 1,000 sq ft retail space at 365 West 50th Street is a strategic investment for a business looking to thrive in one of Manhattan’s most dynamic and visitor-rich neighborhoods. The rent is justified by the space’s potential to capture consistent customer traffic from both the local community and the millions of annual visitors to the Theater District. This space is well-suited for an experienced operator with a compelling concept—such as a neighborhood bistro, craft cocktail bar, or specialty retailer—that can serve as a reliable destination for both locals and visitors alike.