Commercial Investment Property for Lease – 5 Bryant Park, New York, NY 10018
Asking Rent: $60,000 / Month
Price per Sq. Ft.: ~$97 / SF (Annualized)
Space Available: 7,405 Sq. Ft.
Lease Type: Commercial / Retail or Office
Location: Midtown Manhattan – Bryant Park / Times Square District
Availability: Immediate
Property Overview
5 Bryant Park offers a prime 7,405 sq. ft. commercial space overlooking Bryant Park in Midtown Manhattan. This location combines prestige, heavy foot traffic, and unmatched transit access. The property’s flexible floor plate makes it ideal for flagship retail, high-profile dining, creative offices, or branded showrooms.
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With visibility on one of Manhattan’s busiest intersections, surrounded by Fortune 500 office towers, major hotels, and Bryant Park’s year-round attractions, this space positions tenants for maximum exposure.
Key Features
- Total Space: 7,405 sq. ft.
- Asking Rent: $60,000 / month (approx. $720,000 annually)
- Price per SF: ~$97 (annualized)
- Use Flexibility: Retail, dining, showroom, or creative office
- Visibility: Bryant Park frontage with signage opportunities
- Condition: Immediate occupancy available
Market Profile
- Tenant Opportunities: Perfect for national retailers, luxury brands, flagship restaurants, entertainment concepts, or institutional offices
- Demand Profile: Bryant Park corridor is one of the most competitive and in-demand Midtown locations, favored by financial, tech, and fashion tenants
- Comparable Rents: Retail and office space around Bryant Park typically commands $90–$130/SF annually depending on frontage and condition
Financial Highlights
- Monthly Rent: $60,000
- Annualized Rent: $720,000
- Price per SF: ~$97 (annualized)
- Lease Terms: Negotiable (long-term preferred)
- Upside Potential: High-visibility location with significant daily foot traffic, surrounded by leading corporations and tourism-driven demand
Location Advantages
- Neighborhood: Midtown Manhattan – Bryant Park / Times Square
- Transit: Immediate access to B/D/F/M/7 subway lines at Bryant Park–42nd Street, plus Times Square hub and Penn Station nearby
- Surroundings: Steps from Bryant Park, Times Square, New York Public Library, and Fifth Avenue retail corridor
- Foot Traffic: Exceptionally high due to office workers, tourists, and cultural attractions
Summary
The 7,405 sq. ft. commercial space at 5 Bryant Park represents a flagship Midtown Manhattan leasing opportunity. At $60,000/month (~$97/SF), it offers scale, visibility, and prestige in one of New York’s busiest and most prestigious submarkets. With direct Bryant Park exposure, world-class transit, and consistent foot traffic, the space is positioned for premier retail, dining, or corporate tenants.
