This area is attractive for brands that want a central Manhattan presence with proximity to both commuter hubs and established business corridors.
Space & Business Potential
This 1,900-square-foot retail space supports a range of uses such as boutique retail, specialty fitness, medical/service retail, showroom concepts, or food-oriented retail (subject to building/venting conditions). The neighborhood mix of office workers, residents, and visitors provides consistent demand throughout the week.
Retail opportunities in NoMad/Midtown South often perform well for tenants seeking visibility near major transit and a built-in customer base from nearby offices and hotels.
Financial Overview
- Property type: Retail commercial space
- Asking rent: $40,000/month
- Approx. rent per ft²: ~$253/ft² annually (estimated)
- Size: 1,900 ft²
Neighborhood Highlights
Nearby demand drivers include:
- Penn Station commuter flow (nearby)
- Office density across Midtown South
- Hotels and hospitality traffic in NoMad
- Madison Square Park / Flatiron activity nearby
- Restaurants, cafés, and destination retail surrounding the area
Transportation
Strong transit connectivity:
- 1 / 2 / 3 trains (34 St–Penn Station)
- A / C / E trains (34 St–Penn Station)
- B / D / F / M, N / Q / R / W (Herald Square area)
- Multiple bus routes along nearby avenues
Summary
50 West 30th Street offers 1,900 ft² of retail space priced at $40,000/month in the heart of NoMad / Midtown South. With strong access to transit, office density, and steady neighborhood foot traffic, this location is well-suited for retailers and service-oriented tenants seeking central Manhattan exposure.
