Commercial Property for Lease – 211 W 61st Street, New York, NY 10023
Asking Rent: $90,000 / Month
Size: 14,670 SF
Price per SF: $73.62 / SF annually
Property Type: Retail / Office / Institutional
Location: Upper West Side – Lincoln Square
Availability: Immediate
Property Overview
211 W 61st Street offers a large-format 14,670 sq. ft. space in the prestigious Lincoln Square submarket on Manhattan’s Upper West Side. The property is well-positioned for institutional tenants, flagship retail, education centers, or medical/fitness use, thanks to its size and flexible configuration.
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Situated near Columbus Circle, Lincoln Center, and Central Park, the property benefits from high foot traffic, strong neighborhood demographics, and proximity to major cultural and educational institutions.
Key Features
- Total Size: 14,670 SF
- Asking Rent: $90,000/month ($73.62/SF annually)
- Layout: Expansive footprint, divisible for multiple uses
- Ceilings: High ceilings suitable for retail, educational, or fitness operations
- Location: Lincoln Square – one of NYC’s most desirable Upper West Side districts
- Transit Access: Near 1, A, B, C, D subway lines at Columbus Circle and 66th Street–Lincoln Center
Market Profile
- Target Tenants: Education, healthcare/medical, fitness operators, cultural institutions, or large retailers
- Neighborhood Demand: The Upper West Side has strong demand for community-serving tenants and institutional uses given proximity to Fordham University, Juilliard, and Lincoln Center
- Competitive Advantage: Rare large-block availability in Lincoln Square with lower $/SF compared to Midtown retail
Financial Highlights
- Monthly Rent: $90,000
- Annual Rent: $1,080,000
- Price per SF: $73.62 annually
- Lease Type: Direct lease, negotiable terms
- Upside Potential: Excellent branding opportunity in an affluent neighborhood with strong institutional anchors
Location Advantages
- Neighborhood: Upper West Side – Lincoln Square
- Proximity: Near Lincoln Center, Fordham University, Central Park, and Columbus Circle
- Accessibility: Excellent transit (1, A, B, C, D subway lines + multiple bus routes)
- Demographics: Dense, affluent residential base with strong demand for retail, education, and healthcare services
Summary
The 14,670 sq. ft. space at 211 W 61st Street presents a prime large-format leasing opportunity in Manhattan’s Upper West Side. At $90,000/month ($73.62/SF annually), the property is ideally suited for institutional tenants, medical/fitness operators, or flagship retailers looking for a prestigious Lincoln Square address with heavy foot traffic and strong neighborhood demographics.
