Commercial Property for Lease – 147-149 W 46th Street, New York, NY 10036
Asking Rent: $60,000 / Month
Size: 3,900 SF
Price per SF: ~$185 / SF / Year
Property Type: Retail / Restaurant / Mixed-Use
Status: Available
Property Overview
147-149 W 46th Street offers a 3,900 SF flagship retail/restaurant space in the heart of Times Square’s Theater District. Positioned just steps from Broadway, this space is surrounded by world-famous entertainment venues, hotels, and dining establishments, ensuring maximum visibility and heavy pedestrian traffic nearly 24/7.
Key Features
- Size: 3,900 SF, flexible for retail, dining, or entertainment concepts
- Frontage: Wide street frontage with strong signage opportunities
- Ceilings: High ceilings for dramatic visibility and design flexibility
- Condition: Delivery in white-box or partially built-out condition
- Infrastructure: Venting and gas potential for food/beverage users
- Accessibility: ADA compliant with modern utilities
Market Profile
- Target Tenants: National dining chains, flagship restaurants, experiential retail, nightlife/entertainment venues, or QSR brands seeking high exposure.
- Competitive Advantage: Central location in Times Square’s Theater District with unmatched tourist and local traffic, ensuring brand exposure to millions annually.
- Lease Structure: Negotiable terms (long-term flagship leases preferred).
Location Advantages
- Neighborhood: Times Square / Theater District
- Transit Access: Near 42nd Street–Times Square–Port Authority subway hub (1, 2, 3, 7, N, Q, R, W, A, C, E, S lines) and bus terminal.
- Surroundings: Steps from Broadway theaters, major hotels (Marriott Marquis, Hilton), and iconic Times Square signage.
Summary
147-149 W 46th Street presents a 3,900 SF prime retail/restaurant space for lease at $60,000 per month. Located in one of the busiest entertainment and retail corridors in the world, this property offers an unparalleled opportunity for flagship tenants to establish a long-term presence in Times Square.