Retail

For Lease – Penn Station, New York, NY 10119

Asking Rent: $50,000 / Month
Available Unit Size: 950 SF Retail
Property Type: Transit-Oriented Storefront Retail
Lease Type: Direct Lease
Location: Midtown West / Penn District, Manhattan, New York

Property Overview

An exceptional opportunity to lease 950 square feet of prime retail space inside Penn Station, one of the busiest transportation hubs in the Western Hemisphere. Offered at $50,000 per month, this premier retail location provides unmatched visibility to hundreds of thousands of daily commuters, travelers, and visitors passing through Amtrak, LIRR, NJ Transit, and subway connections.

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.