Retail

Prime Retail Space in the Theater District – 150 West 47th Street, Theater District / Times Square

Address: 150 West 47th Street, New York, NY, 10036
Price: $60,000/month
Square Feet: 3,822 SF
Type: Retail Space

Property Overview:

Located on West 47th Street in the heart of the Theater District — one of Manhattan’s most iconic, vibrant, and heavily trafficked entertainment destinations — 150 West 47th Street offers 3,822 SF of prime retail space at a competitive price point for this world-class location. Ideal for restaurants, entertainment venues, experiential retail, fitness centers, art galleries, or service-based businesses. Situated between Sixth Avenue and Seventh Avenue (near the famous Restaurant Row on 46th Street), this space benefits from proximity to Broadway theaters, Times Square, Rockefeller Center, and some of the city’s best dining, shopping, and transit.

Key Features:

Prime Theater District / Times Square / Restaurant Row Location:

• Situated on West 47th Street, a vibrant commercial corridor in the heart of the Theater District — the epicenter of New York City’s entertainment industry, home to dozens of Broadway theaters, world-famous restaurants, and legendary attractions.
• Located between Sixth Avenue (Avenue of the Americas) and Seventh Avenue, placing your business at the absolute epicenter of one of Manhattan’s most iconic, heavily trafficked, and commercially active districts.
• Just steps from Broadway theaters including the Bernard B. Jacobs Theatre, Gerald Schoenfeld Theatre, Booth Theatre, Shubert Theatre, Majestic Theatre (home to The Phantom of the Opera), and dozens more — all within a 5-minute walk.
• Minutes from Times Square (42nd-47th Streets between Broadway and Seventh Avenue), one of the world’s most iconic destinations, attracting over 50 million visitors annually.
• Close to Rockefeller Center (49th-50th Streets between Fifth and Sixth Avenues), Radio City Music Hall, St. Patrick’s Cathedral, Bryant Park, and Fifth Avenue luxury shopping.

Massive Foot Traffic – 24/7 Entertainment Hub:

• The Theater District attracts over 15 million theatergoers annually, with consistent foot traffic spikes before and after Broadway shows (matinee and evening performances).
• Times Square draws over 50 million visitors annually — making this one of the most heavily trafficked pedestrian locations in the world.
• West 47th Street between Sixth and Seventh Avenues is a high-traffic block, with constant pedestrian flow from theatergoers, tourists, office workers, and hotel guests.
• Strong daytime foot traffic from office workers and commuters, plus exceptionally strong evening and weekend traffic from theatergoers, tourists, diners, and entertainment seekers.

Spacious & Flexible Retail Layout – 3,822 SF:

• 3,822 SF of generous retail space — ideally sized for a full-service restaurant, entertainment venue, experiential retail concept, fitness center, art gallery, or showroom.
• Expansive storefront with excellent street-level visibility on West 47th Street, a high-traffic corridor with constant pedestrian and vehicular flow.
• High ceilings and open floor plan with minimal columns, allowing for easy customization to fit various business needs — from dining room layouts and stage setups to fitness equipment and art displays.
• Large windows providing abundant natural light and prime window display opportunities facing West 47th Street’s steady foot traffic.
• Potential for back-of-house space, kitchen, storage, office areas, or basement expansion depending on configuration.
• At $15.70 per square foot, this represents solid value for retail space in this prime Theater District location.

Excellent Transit Access – Unbeatable:

• Moments from Times Square – 42nd Street subway station (1, 2, 3, N, Q, R, W, S, 7) , one of Manhattan’s busiest and most convenient transit hubs.
• Close to 42nd Street – Bryant Park station (B, D, F, M) , 49th Street station (N, Q, R, W) , and 50th Street station (1) .
• Short walk to Grand Central Terminal (4, 5, 6, 7, S) and Penn Station (1, 2, 3, A, C, E) , providing LIRR, NJ Transit, and Amtrak connections.
• Multiple bus routes serve Sixth Avenue, Seventh Avenue, and 42nd Street (M1, M2, M3, M4, M5, M7, M42, M50, M55, M104, Q32).
• Unbeatable commuter convenience for employees and customers from all five boroughs, New Jersey, Long Island, Westchester, Connecticut, and beyond.

Massive, Diverse & High-Spending Customer Base:

• Theatergoers — millions of annual visitors to Broadway shows, creating consistent demand for pre- and post-theater dining, drinks, and entertainment.
• Tourists — millions of annual visitors to Times Square, Rockefeller Center, and surrounding attractions.
• Office workers — thousands of professionals employed in nearby Midtown office towers.
• Hotel guests — dozens of hotels in the area generate constant pedestrian traffic.
• Local residents — growing residential population of Midtown and Hell’s Kitchen.
• Ideal for businesses such as:
• Full-service restaurant or bar (pre-/post-theater dining)
• Entertainment venue or comedy club
• Experiential retail or brand flagship
• Fitness center (gym, yoga, cycling)
• Art gallery or exhibition space
• Showroom or design studio
• Event space or private party venue
• Specialty food market or gourmet delicatessen

Highlights:
✔ 3,822 SF of prime retail space in the Theater District / Times Square
✔ $60,000/month — solid value at $15.70 per square foot
✔ Expansive storefront with excellent visibility on West 47th Street
✔ Steps from Broadway theaters and Times Square (50+ million annual visitors)
✔ Steps from Rockefeller Center, Radio City Music Hall, and Fifth Avenue luxury shopping
✔ High ceilings and open floor plan — ideal for restaurant, entertainment, or experiential retail
✔ Massive, diverse foot traffic — theatergoers, tourists, office workers, and hotel guests
✔ Unbeatable transit access — 1, 2, 3, N, Q, R, W, S, 7, B, D, F, M, 4, 5, 6, A, C, E trains, Grand Central, Penn Station

Conclusion:

150 West 47th Street offers an exceptional opportunity for restaurateurs, entertainment operators, and retailers seeking prime, high-visibility retail space in the heart of the Theater District — one of the most iconic, heavily trafficked, and vibrant entertainment destinations in the world. With 3,822 SF of flexible, high-ceiling space, a prime West 47th Street location steps from Broadway theaters and Times Square, and access to a massive, diverse, high-spending customer base of theatergoers, tourists, office workers, and hotel guests, this property is perfect for full-service restaurants, entertainment venues, experiential retail concepts, fitness centers, or art galleries looking to thrive in the epicenter of New York City’s entertainment industry — all at a solid value of under $16 per square foot.

Contact us today to schedule a private tour and secure this premier Theater District retail space!