Commercial Space for Lease – 554-568 Eighth Avenue, New York, NY 10018
Asking Rent: $65,000 / month
Size: 8,340 SF
Price per SF: ~$93.5 / SF annually
Property Type: Retail / Commercial
Status: Active
Property Overview
554-568 Eighth Avenue offers a rare opportunity for a large retail or mixed-use commercial presence in Midtown Manhattan. With over 8,300 SF of space, this property provides exceptional frontage, high ceilings, and adaptable layouts suitable for flagship retail, showroom, or hospitality concepts.
Read More
Key Features
- Total Space: 8,340 SF
- Layout: Flexible floorplan to accommodate retail, dining, or entertainment use
- Visibility: Prime Eighth Avenue exposure with heavy pedestrian and vehicular traffic
- Condition: Delivered in vanilla shell or can be adapted to tenant specifications
Market Profile
- Target Tenants: National retailers, experiential concepts, food & beverage operators, or service-based businesses seeking high visibility in Midtown.
- Competitive Advantage: Large contiguous block of space on a major Manhattan artery—ideal for brand visibility and customer capture.
Location Advantages
- Neighborhood: Midtown / Penn Station corridor
- Transportation: Steps to Penn Station, Port Authority, multiple subway lines, and high foot traffic from commuters and tourists.
- Nearby Anchors: Madison Square Garden, Herald Square retail, and major hotel chains.
Summary
At $65,000/month, 554-568 Eighth Avenue is a prime Midtown Manhattan retail opportunity offering 8,340 SF of space. Its combination of scale, visibility, and location make it ideal for a wide range of high-profile tenants.
