Retail

Key Features

• Total Size: ≈808 SF
• Asking Rent: $40,000 / month
• Annualized Rent: ≈$480,000
• Effective Rent per SF: ≈$594/SF annually
• Frontage: Exceptional Herald Square frontage with global branding visibility
• Configuration: Efficient floorplan adaptable for retail or QSR concepts
• Building: High-profile mixed-use property surrounded by national retailers and iconic NYC destinations

Lease & Terms

• Base Rent: $40,000 / month (~$594/SF/YR)
• Term: Negotiable (long-term flagship tenancy preferred)
• Availability: Immediate / by agreement
• Due at Signing: First month + security deposit; tenant financials required
• Tenant Responsibilities: Utilities, RE taxes, and obligations standard to retail leases

Market Profile

Location Advantage: Located at the nexus of Midtown retail, steps from Macy’s Herald Square, Penn Station, and the 34th Street shopping corridor.

Transit Access: Directly above the 34th Street–Herald Square subway hub (B/D/F/M, N/Q/R/W) and minutes to Penn Station (1/2/3, A/C/E, LIRR, Amtrak, NJ Transit).

Neighborhood Demand: One of NYC’s strongest retail submarkets, consistently attracting fashion, lifestyle, food & beverage, and global flagship tenants.

Competitive Advantage: Rare sub-1,000 SF Herald Square storefront offering world-class branding and nonstop foot traffic.

Summary

The 808 SF retail space at 1 Herald Square, New York, NY 10001 is offered at $40,000/month (~$594/SF annually). With unmatched visibility, nonstop pedestrian flow, and a Midtown flagship location, this property represents a premier opportunity for boutique tenants or international brands seeking a high-profile Manhattan presence.