Commercial Lease – 681 Ninth Avenue, New York, NY 10036
Asking Rent: $5,000/month
Size: 500 SF
Lease Type: Retail / Food & Beverage / Boutique Service
Property Type: Ground-Floor Retail Space
Location: Hell’s Kitchen / Theater District (10036)
Availability: Immediate
Property Overview
681 Ninth Avenue offers a 500 SF boutique storefront in the bustling Hell’s Kitchen/Times Square area. With strong Ninth Avenue frontage, steady neighborhood and tourist foot traffic, and proximity to Broadway theaters and Restaurant Row, this space is ideally suited for quick-service food, boutique retail, wellness, or service operators.
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This compact space provides excellent branding potential at an affordable rent, making it a rare opportunity in one of Manhattan’s busiest retail and dining corridors.
Key Features
- Total Size: ≈ 500 SF
- Asking Rent: $5,000/month
- Annualized Rent: ≈ $60,000
- Effective Rent per SF: ≈ $120/SF annually
- Configuration: Efficient layout suitable for small-format food or retail concepts
- Frontage: Ninth Avenue exposure with excellent visibility
- Potential Uses: Coffee shop, juice bar, grab-and-go food, boutique retail, salon, service-based retail
Lease & Terms
- Base Rent: $5,000/month (~$120/SF/YR)
- Term: Negotiable (short- or long-term)
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; tenant financials required
- Tenant Responsibilities: Utilities, RE tax, and obligations typical for retail leases
Market Profile
- Location Advantage: Situated on Ninth Avenue in Hell’s Kitchen, steps from the Theater District, Times Square, and Port Authority. Heavy mix of residential, office, and tourist foot traffic.
- Transit Access: Near 42nd Street–Port Authority (A/C/E), Times Square–42nd Street (1/2/3, N/Q/R/W, 7, S), and multiple bus lines.
- Neighborhood Demand: Strong demand from food & beverage, boutique retail, and service operators serving locals, theater-goers, and tourists.
- Competitive Advantage: Rare affordable sub-1,000 SF storefront with steady Ninth Avenue exposure.
Summary
The 500 SF retail space at 681 Ninth Avenue, New York, NY 10036 is offered at $5,000/month (~$120/SF annually). With its compact layout, prime Hell’s Kitchen/Times Square location, and high foot traffic, this property is an excellent opportunity for emerging food concepts or boutique retail operators seeking visibility in Midtown West.
