Commercial Property for Lease – 234 W 56th Street, New York, NY 10019
Asking Rent: $12,000 / Month
Size: 1,800 SF
Price per SF: ~$80 / SF annually
Property Type: Retail / Office / Mixed-Use
Status: Available
Property Overview
234 W 56th Street offers 1,800 SF of versatile commercial space in Midtown West, just steps from Columbus Circle and Central Park. The property provides excellent exposure in a high-density area frequented by residents, office workers, and tourists. With a flexible floor plan, the space is well-suited for boutique retail, creative office, medical/wellness, or service-oriented tenants.
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Key Features
- Total Size: 1,800 SF
- Asking Rent: $12,000/month ($144,000 annually)
- Price per SF: ~$80 annually
- Use Flexibility: Retail, showroom, office, or wellness/service tenants
- Frontage: Street-level exposure on West 56th Street
- Condition: Lease-ready, adaptable to tenant build-out
Market Profile
- Target Tenants: Boutique retailers, medical/wellness providers, service shops, or creative professionals
- Neighborhood Demand: Midtown West continues to attract strong demand from residents, commuters, and tourists, supported by proximity to cultural and retail landmarks
- Competitive Advantage: At ~$80/SF, this space is a cost-efficient option compared to nearby Columbus Circle retail pricing
Financial Highlights
- Monthly Rent: $12,000
- Annual Rent: $144,000
- Price per SF: ~$80 annually
- Lease Terms: Direct lease, negotiable
- Upside Potential: Strong long-term value from proximity to Columbus Circle and Central Park
Location Advantages
- Neighborhood: Midtown West / Columbus Circle
- Proximity: Central Park, Columbus Circle, Lincoln Center, and major hotels
- Transit: Steps to A/C/B/D/1 trains at Columbus Circle and N/Q/R/W at 57th Street
- Foot Traffic: Heavy mix of tourists, office workers, and local residents
Summary
The 1,800 SF space at 234 W 56th Street is a prime Midtown West leasing opportunity, offered at $12,000/month (~$80/SF annually). With excellent visibility, a flexible layout, and proximity to major cultural and commercial destinations, this property is ideal for retail, wellness, or boutique office users.
