Retail

411 West 55th Street, New York, NY 10019 – Hell’s Kitchen / Clinton
Asking Rent: $60,000
Size: 5,000 sq ft
Use: Large-Format Retail / Supermarket / Gym / Restaurant with Entertainment / Showroom / Community Anchor
Lease Type: Commercial Lease (Retail)
Price per Sq Ft: ~$144.00/sq ft/year | ~$12.00/sq ft/month

Property Overview

This 5,000-square-foot retail space at 411 West 55th Street represents a substantial, large-format opportunity in the densely populated and vibrant Hell’s Kitchen neighborhood. With an asking rent of $60,000, the space offers a competitive price per square foot for a significant footprint, making it suitable for a high-volume business that serves as a community anchor. This space is ideal for a supermarket, fitness center, entertainment-driven restaurant, home goods store, or medical facility looking to establish a major presence and capture the spending of local residents, office workers, and theatergoers.

Space Highlights

• Expansive 5,000 sq ft of ground-floor or lower-level retail space, allowing for a large-scale operation
• Competitive price per square foot for a large-format space in a high-density residential and commercial corridor
• Likely features high ceilings, strong visibility, and loading access suitable for high-traffic retail
• A blank canvas for a significant build-out, potentially including mezzanine seating, specialized facilities, or extensive inventory display
• Size allows for a destination business that can draw from a wide catchment area

Location & Neighborhood

• Prime Hell’s Kitchen location on West 55th Street between 9th and 10th Avenues
• In the heart of a neighborhood known for its diverse residential population, Broadway theaters, and renowned restaurant row
• Extremely high foot traffic from a large residential base, pre- and post-theater crowds, tourists, and commuters
• Adjacent to the Clinton residential area and within walking distance of Columbus Circle, Times Square, and Hudson Yards
• Surrounded by a mix of classic walk-ups, new developments, hotels, and entertainment venues
• Excellent access to subway lines (A/B/C/D/1 at 59th St-Columbus Circle; N/Q/R/W at 57th St; C/E at 50th St)

Summary

Offered at $60,000 per month (~$144.00/sq ft/year), this 5,000 sq ft retail space at 411 West 55th Street is a strategic opportunity for an established operator to deploy a large-scale concept in one of Manhattan’s most active and densely populated neighborhoods. The rent reflects the space’s potential to generate substantial revenue by serving as a daily necessity or weekly destination for thousands of local customers. This space is for a business with a proven model—such as a grocery store, gym, or family entertainment center—that can leverage the size and location to become an indispensable part of the Hell’s Kitchen community.