For Lease – 696 Ninth Avenue, New York, NY 10036
Asking Rent: $40,000 / month
Size: 1,000 SF
Property Type: Retail
Location: Midtown West / Hell’s Kitchen (10036)
Property Overview
696 Ninth Avenue offers a 1,000 SF ground-floor retail storefront in the heart of Midtown West. Positioned along a bustling stretch of Ninth Avenue with constant local and visitor foot traffic, the space is ideal for food & beverage, boutique retail, or service-based operators looking to capitalize on the neighborhood’s vibrant dining and entertainment scene.
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Key Features
- Total Size: ≈1,000 SF
- Asking Rent: $40,000 / month
- Annualized Rent: ≈$480,000
- Effective Rent per SF: ≈$480/SF annually
- Frontage: Prime Ninth Avenue visibility with excellent signage opportunity
- Layout: Efficient open-plan configuration adaptable for food, café, retail, or boutique service concepts
- Building: Mixed-use Midtown property surrounded by restaurants, bars, and theaters
Lease & Terms
- Base Rent: $40,000 / month (~$480/SF/YR)
- Term: Negotiable (long-term preferred)
- Availability: Immediate / by agreement
- Due at Signing: First month + security deposit; tenant financials required
- Tenant Responsibilities: Utilities, RE taxes, and standard retail lease obligations
Market Profile
- Location Advantage: Situated in Midtown West near Times Square, Broadway theaters, and the Hell’s Kitchen dining corridor.
- Transit Access: Easy access to Port Authority, Times Square–42nd Street (1/2/3, N/Q/R/W, 7, A/C/E), and multiple crosstown buses.
- Neighborhood Demand: Consistently strong from restaurants, grab-and-go food operators, and boutique retail concepts.
- Competitive Advantage: Rare 1,000 SF Midtown West storefront with Ninth Avenue exposure and steady pedestrian flow.
Summary
The 1,000 SF retail space at 696 Ninth Avenue, New York, NY 10036 is offered at $40,000/month (~$480/SF annually). With its prime frontage, strong foot traffic, and location at the center of Midtown’s dining and entertainment hub, this property is a standout opportunity for food, beverage, or boutique retail operators.
