The space benefits from its location in a mixed-use asset featuring retail, hospitality, and signage components . This compact yet powerful footprint is ideal for high-turnover concepts such as souvenir shops, phone accessory stands, ticket vendors, or snack concessions where maximum visibility and impulse purchases are key drivers of revenue . The cost per square foot is justified solely by the sheer volume of potential customers passing by every hour, making it a perfect fit for an operator with a proven, fast-service model.
Key Features
- Asking Rent: $60,000 / month
- Available Space: 450 SF
- Property Type: Ground-Floor Retail / Kiosk
- Lease Type: Direct Lease
- Building Class: Mixed-Use (Retail, Hospitality, Signage)
- Year Built: 1991
- Location: Northern anchor of the Times Square Bowtie at 7th Ave & 48th St
- Frontage: Prime street-level exposure with potential for monument signage
- Access: Direct sidewalk entry
- Neighbors: Olive Garden, M&M, Van Leeuwen’s, Krispy Kreme, Lids, and Max Brenner
- Neighborhood Highlights: Located in the heart of Times Square, surrounded by world-class entertainment, hotels, and global brands
Neighborhood Highlights
Located in the heart of Times Square, 2 Times Square places your business at the epicenter of global commerce, tourism, and entertainment. The area has fully recovered since the COVID-19 pandemic, now welcoming nearly 340,000 daily visitors, with peak days seeing visitor counts surpassing one million . Times Square remains a powerhouse of economic activity, directly responsible for $74 billion in economic output and accounting for 5% of New York City’s economy and 12% of its total employment despite comprising just 0.1% of its land area .
The neighborhood is a vibrant destination for millions of tourists, theatergoers, and professionals, surrounded by world-famous entertainment venues, hotels, and dining establishments . The Times Square Bow Tie commands some of the highest rents in Manhattan, averaging $1,501 per square foot as of Q1 2026, reflecting the area’s unmatched brand-sensitive demand .
Transportation is exceptionally well-served, with the 42nd Street–Times Square–Port Authority subway hub providing access to the 1, 2, 3, 7, N, Q, R, W, A, C, and E lines, and the nearby Port Authority Bus Terminal offering seamless connectivity across Manhattan, the boroughs, and beyond .
Summary
The 450 SF retail storefront at 2 Times Square, New York, NY 10036, is available for $60,000 per month under a direct lease. With its iconic Times Square address, unparalleled daily foot traffic, and position at the northern anchor of the world-famous Bowtie, this property represents a rare opportunity for brands seeking a prestigious and high-profile flagship presence in one of the world’s most visited and commercially dynamic destinations.
