Commercial Space for Lease – 161 West 106th Street, New York, NY 10025
Asking Rent: $20,000 / Month
Size: 943 SF
Price per SF: ~$254 / SF annually
Property Type: Retail / Restaurant / Service Space
Status: Active
Property Overview
161 West 106th Street offers 943 SF of prime commercial space in Manhattan’s Upper West Side. Situated near Columbia University and Morningside Heights, the location benefits from a dense residential base, student population, and strong neighborhood demand for retail and dining. This compact, highly visible space is ideal for quick-service food, boutique retail, or personal services.
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Key Features
- Total Size: 943 SF
- Asking Rent: $20,000/month ($240,000 annually)
- Price per SF: ~$254 annually
- Use Flexibility: Food & beverage (QSR/café), boutique retail, wellness/service tenants
- Frontage: Ground-floor storefront with excellent neighborhood visibility
- Condition: Lease-ready; customizable for tenant fit-out
Market Profile
- Target Tenants: Cafés, restaurants, neighborhood retailers, wellness studios, or personal service operators
- Neighborhood Demand: Strong, consistent demand from Columbia University students, local residents, and professionals in the Upper West Side / Morningside corridor
- Competitive Advantage: At ~$254/SF, this compact unit offers high visibility and foot traffic in a dense residential/student market
Location Advantages
- Neighborhood: Upper West Side / Morningside Heights
- Proximity: Columbia University, Morningside Park, Central Park North, and Broadway corridor retail
- Transit: Close to 1 train at 103rd Street and B/C trains at Cathedral Parkway (110th Street)
- Foot Traffic: Strong mix of students, families, and professionals
Summary
The 943 SF space at 161 West 106th Street provides a high-visibility Upper West Side retail opportunity, offered at $20,000/month (~$254/SF annually). With strong neighborhood demand, consistent foot traffic, and proximity to Columbia University, the property is ideally suited for quick-service food, boutique retail, or wellness/service operators.
