Commercial Property for Lease – 599 Eleventh Avenue, New York, NY 10036
Asking Rent: $30,000 / Month
Size: 8,654 SF
Price per SF: ~$42 / SF annually
Property Type: Retail / Showroom / Creative Use
Location: Midtown West – Hell’s Kitchen (10036)
Availability: Immediate
Property Overview
599 Eleventh Avenue presents 8,654 SF of expansive commercial space in Midtown West’s Hell’s Kitchen district. With generous floor plates, high visibility along Eleventh Avenue, and close proximity to major residential towers and Hudson Yards, this property is well-suited for showrooms, flagship retail, fitness concepts, or creative operations requiring scale.
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Key Features
- Total Size: 8,654 SF
- Asking Rent: $30,000/month ($360,000 annually)
- Price per SF: ~$42 annually
- Use Flexibility: Retail, showroom, fitness, gallery, creative/tech, or service-based tenants
- Frontage: Prominent Eleventh Avenue exposure
- Condition: Large, adaptable space ready for build-out
Market Profile
- Target Tenants: Flagship retailers, fitness operators, art galleries, creative firms, or specialty showrooms
- Neighborhood Demand: Hell’s Kitchen and Midtown West continue to attract residential, commercial, and entertainment-driven demand, with growing synergy from Hudson Yards development
- Competitive Advantage: At ~$42/SF annually, the space is competitively priced for large-format users in Manhattan’s West Side corridor
Financial Highlights
- Monthly Rent: $30,000
- Annual Rent: $360,000
- Price per SF: ~$42 annually
- Lease Terms: Direct lease, flexible structure
- Upside Potential: Strategic location offers strong branding potential and long-term value as Hudson Yards and West Side continue expanding
Location Advantages
- Neighborhood: Midtown West – Hell’s Kitchen / Hudson Yards Border
- Proximity: Hudson Yards, Javits Center, Times Square, West Side Highway, DeWitt Clinton Park
- Transit: Access to A/C/E, 7, N/Q/R/W subway lines; nearby Port Authority and Penn Station
- Foot Traffic: Strong residential base, commuter activity, and tourism-driven demand
Summary
599 Eleventh Avenue offers 8,654 SF of prime Midtown West commercial space at $30K/month (~$42/SF annually). With excellent frontage, flexible usage potential, and proximity to Hudson Yards and key transportation hubs, this property represents an outstanding opportunity for large-scale retail, fitness, or creative users seeking a West Side presence.
