Commercial Lease – 41 West 24th Street, New York, NY 10010
Asking Rent: $30,000/month
Lease Type: Commercial – Retail / Showroom / Creative Studio / Food & Beverage
Property Type: Ground-Floor Boutique Retail Space
Location: Flatiron District / NoMad (10010)
Availability: Immediate
Property Overview
41 West 24th Street offers a 2,000 SF boutique retail space in the heart of the Flatiron District, steps from Madison Square Park and Fifth Avenue. With broad frontage, strong daytime office and residential traffic, and adjacency to NoMad’s growing hospitality and dining scene, this space is ideal for showrooms, boutique retailers, fitness/wellness operators, or food & beverage concepts seeking presence in one of Manhattan’s trendiest submarkets.
Read More
Its size and location combine to provide both premium visibility and adaptability, making it attractive to both established brands and emerging operators.
Key Features
- Total Size: ≈ 2,000 SF
- Asking Rent: $30,000/month
- Annualized Rent: ≈ $360,000
- Effective Rent per SF: ≈ $180/SF annually
- Configuration: Open, adaptable layout with potential for retail, food, or showroom build-outs
- Frontage: Strong West 24th Street exposure with branding opportunity
- Potential Uses: Boutique retail, showroom, café/restaurant, wellness/fitness, gallery, creative office
Lease & Terms
- Base Rent: $30,000/month (~$180/SF/YR)
- Term: Negotiable (long-term preferred for retail users)
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; tenant financials required
- Tenant Responsibilities: Utilities, RE tax, and standard retail lease obligations
Market Profile
- Location Advantage: Flatiron/NoMad corridor, steps from Madison Square Park, Fifth Avenue shopping, and surrounded by luxury hotels, offices, and destination dining.
- Transit Access: Close to 23rd Street (N/R/W, F/M, 1), 28th Street (R/W, 6), and multiple bus lines.
- Neighborhood Demand: Strong from retailers, showrooms, and F&B operators drawn to the area’s blend of residential, office, and tourism traffic.
- Competitive Advantage: Rare 2,000 SF boutique retail in Flatiron with flexible build-out potential and premium rent positioning.
Summary
The 2,000 SF retail space at 41 West 24th Street, New York, NY 10010 is offered at $30,000/month (~$180/SF annually). With its Flatiron/NoMad location, strong foot traffic, and versatile layout, the property is an exceptional opportunity for retailers, showrooms, or food/wellness operators seeking visibility in one of Manhattan’s most desirable commercial districts.
