Commercial Retail Space for Lease – 787 Eighth Avenue, New York, NY 10036
Asking Rent: $23,000 / Month
Size: 1,800 SF
Price per SF: ~$153 / SF annually
Property Type: Retail / Restaurant / Showroom / Specialty Use
Status: Active
Property Overview
787 Eighth Avenue offers approximately 1,800 SF of prime ground-floor retail space in the heart of Midtown West / Times Square, one of Manhattan’s highest-traffic commercial corridors. Located along a major avenue with constant pedestrian flow, the space benefits from exceptional visibility and proximity to major entertainment, hotel, and office destinations, making it ideal for retail or food-and-beverage concepts.
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Key Features
- Total Size: 1,800 SF
- Asking Rent: $23,000/month ($276,000 annually)
- Price per SF: ~$153 annually
- Use Flexibility: Suitable for restaurant, café, boutique retail, quick-service food, wellness retail, or showroom concepts
- Frontage: Street-level storefront with strong Eighth Avenue exposure
- Condition: Delivered ready for tenant build-out or light customization
Market Profile
- Target Tenants: Restaurants, cafés, national or regional retailers, quick-service brands, souvenir or specialty shops, and showroom users
- Neighborhood Demand: Midtown West and Times Square remain among Manhattan’s strongest retail submarkets due to heavy tourism, dense office population, and constant pedestrian activity
- Competitive Advantage: High-visibility avenue frontage in a proven high-volume retail corridor with consistent foot traffic
Location Advantages
- Neighborhood: Midtown West / Times Square
- Proximity: Times Square, Port Authority Bus Terminal, Broadway theaters, and major hotels
- Transit: Served by A, C, E, 1, 2, 3, N, Q, R, W, and 7 subway lines nearby
- Foot Traffic: Heavy mix of tourists, commuters, office workers, and theatergoers throughout the day and evening
Summary
The 1,800 SF retail space at 787 Eighth Avenue presents a strong leasing opportunity at $23,000/month (~$153/SF annually) in one of Manhattan’s busiest retail corridors. With excellent street visibility, constant pedestrian traffic, and flexible use potential, this property is well suited for retail or restaurant operators seeking a high-exposure Midtown location.
