The space features high ceilings, modern finishes, and excellent branding potential within a fully renovated concourse environment. Ideal for quick-service dining, grab-and-go retail, beverage concepts, or specialty kiosks, this property delivers consistent exposure and high daily transaction volume in a premium commuter setting.
Key Features
- Asking Rent: $50,000 / Month
- Available Space: 950 SF Retail
- Property Type: Transit-Oriented Retail (Penn Station Concourse)
- Lease Structure: Direct Lease
- Frontage: Strong pedestrian exposure in main commuter corridor
- Ceiling Height: Approx. 12 FT
- Layout: Open floor plan, ideal for food, beverage, or small-format retail
- Condition: Fully built-out retail / plug-and-play ready
- Transit Access: Directly within Penn Station — connections to Amtrak, LIRR, NJ Transit, and 1/2/3/A/C/E subway lines
- Neighborhood: Penn District / Midtown West – adjacent to Moynihan Train Hall, Madison Square Garden, and Manhattan West
Market Profile
Location Advantage:
Penn Station serves more than 650,000 daily passengers, offering unparalleled visibility and brand exposure to a captive commuter audience. The property is at the center of the Penn District revitalization, surrounded by new office towers, retail plazas, and major mixed-use developments.
Lifestyle Appeal:
The station’s blend of business travelers, local commuters, and tourists provides a diverse customer base ideal for high-volume retail or food operators.
Competitive Advantage:
At $50,000/month for 950 SF, this listing represents a rare chance to secure a high-impact retail footprint in one of Manhattan’s most trafficked and commercially strategic locations.
Summary
The 950 SF retail space at Penn Station, New York, NY 10119, is available for $50,000/month.
With unbeatable commuter exposure, modern infrastructure, and access to one of the city’s largest daily foot traffic counts, this property is perfectly suited for quick-service food, beverage, or specialty retail brands seeking flagship-level visibility in Midtown Manhattan.