Commercial Retail Space for Lease – 18 E 50th Street, New York, NY 10022
Asking Rent: $120,000 / Month
Size: 4,117 SF
Price per SF: ~$350 / SF annually
Property Type: Retail / Showroom / Flagship / Restaurant
Status: Active
Property Overview
18 East 50th Street offers approximately 4,117 SF of prime ground-floor retail space in the heart of Midtown Manhattan, just steps from Fifth Avenue and Rockefeller Center. Positioned in one of New York City’s most prestigious commercial corridors, the property benefits from exceptional pedestrian traffic, dense office population, and strong tourism activity, making it ideal for flagship retail or high-profile showroom concepts.
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Key Features
- Total Size: 4,117 SF
- Asking Rent: $120,000/month ($1,440,000 annually)
- Price per SF: ~$350 annually
- Use Flexibility: Suitable for luxury retail, flagship brand store, showroom, restaurant, or experiential retail concepts
- Frontage: Street-level storefront with strong Midtown visibility
- Condition: Delivered ready for tenant build-out or high-end customization
Market Profile
- Target Tenants: Luxury retailers, global brands, flagship operators, showroom users, and high-end food & beverage concepts
- Neighborhood Demand: Midtown East remains one of Manhattan’s strongest retail markets due to proximity to Fifth Avenue, Rockefeller Center, and major corporate headquarters
- Competitive Advantage: Prestigious address in a high-income, high-tourism corridor with constant weekday and weekend foot traffic
Location Advantages
- Neighborhood: Midtown East / Fifth Avenue corridor
- Proximity: Rockefeller Center, St. Patrick’s Cathedral, Fifth Avenue shopping district, and Grand Central Terminal
- Transit: Served by E, M, 4, 5, 6, N, R, and W subway lines nearby
- Foot Traffic: Heavy mix of office workers, tourists, luxury shoppers, and commuters
Summary
The 4,117 SF retail space at 18 East 50th Street presents a rare leasing opportunity at $120,000/month (~$350/SF annually) in one of Manhattan’s most prestigious retail corridors. With outstanding visibility, heavy pedestrian traffic, and strong branding potential, this property is ideally suited for flagship retail or high-end showroom operators seeking a premier Midtown presence.
