Grand Central Retail For Lease

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Grand Central Retail Spaces For Rent

Address	$ / SF	SF	Monthly Rent
East 47th Street & EAst 46th Street	$ Negotiable	700	$ Negotiable
Between Madison Avenue & Park Avenue	$ Negotiable	700	$ Negotiable
Between West 45th Street & West 46th Street	$ Negotiable	1,100	$ Negotiable
Between East 39th Street & East 40th Street	$ 62	1,500	$ 7,600
Between Madison Avenue & Park Avenue	$ Negotiable	1,700	$ Negotiable
Fifth Avenue & Madison Avenue	$ 129	1,800	$ 19,200
Between East 43rd Street & East 44th Street	$ Negotiable	1,900	$ Negotiable
Fifth Avenue & Madison Avenue	$ 121	2,100	$ 21,000
East 41st Street & East 40th Street	$ 172	2,100	$ 30,000
East 41st Street & East 40th Street	$ 171	2,400	$ 34,200
Between Madison Avenue & Park Avenue	$ Negotiable	2,700	$ Negotiable
East 46th Street & East 47th Street	$ Negotiable	2,900	$ Negotiable
Between West 45th Street & West 46th Street	$ Negotiable	3,100	$ Negotiable

Address	$ / SF	SF	Monthly Rent
E 39th Street & Fifth Avenue	$ 76	2,000	$ 12,600
E 39th Street & Fifth Avenue	$ 76	2,500	$ 15,800
E 42nd Street & Lexington Avenue	$ 194	3,000	$ 48,400
E 42nd Street & 3rd Avenue	$ Negotiable	3,500	$ Negotiable
E 42nd Street & 3rd Avenue	$ Negotiable	3,500	$ Negotiable
E 42nd Street & 3rd Avenue	$ Negotiable	4,000	$ Negotiable

Address	$ / SF	SF	Monthly Rent

retail Tenants Rented / Leased Grand Central

City National Bank leased 35,643 SF at 1140 Sixth Avenue
HSBC leased 7,491 SF at 250 Park Avenue
Sweetgreen leased 3,500 SF at 10 Grand Central
Birch Coffee leased 493 SF at 770 Third Avenue
Best Buy leased 40,839 SF at 535 Fifth Avenue
Starbucks leased 655 SF at 511 Lexington Avenue
CTSH LLC Deli leased 3,800 SF at 633 Third Ave

Grand Central

Neighborhood Summary

Boundaries for Grand Central

Lease retail Grand Central, which is located in Midtown Manhattan and is bound by 7th Avenue to 1st Avenue from 36th Street to 56th Street.

Retail Trends in Grand Central

For those looking to rent retail Grand Central or lease retail Grand Central the market trends for Grand Central are as follows. Grand Central remains one of New York City’s retail gems. With a high level of foot traffic from the surrounding offices and from tourists Grand Central retail is positioned to absorb many potential consumers. In addition, commuters who pass through Grand Central are another source of potential consumer. Retail in Grand Central benefits from the extended sales cycle from the tourists who pass through, as well as from the office worker who relies on the shops surrounding the many office buildings.

Retail Spaces Available

Affordable retail space in Grand Central includes the following locations and prices. Madison Avenue & East 40th Street with 900 square feet of retail is asking for $30,000 a month. Park Avenue & East 39th Street with 1,400 square feet of retail space is asking $46,666. Additional Grand Central Retail Space for lease includes the following, Second Avenue & East 41st Street, with 2,100 square feet of retail space asking for $9,625 a month.

History of Grand Central

Tenants are attracted to Grand Central Retail Space for rent, due to the aforementioned factors, these include the high volume of potential consumers who pass through Grand Central. These potential consumers include the workers from the surrounding office buildings, which are numerous. The additional foot traffic comes from commuters who pass through the Grand Central area. Although office workers account for a large portion of the foot traffic volume, additional volume is added from tourists. Furthermore, these tourists are not bound by the usual 9 to 5 schedule of the surrounding office buildings, thus, offering an extended sales cycle.

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Grand Central Terminal in NYC offers a wide range of retail spaces, catering to diverse shopping needs. The retail space within the terminal features various stores and boutiques, providing a mix of high-end luxury brands, popular chain stores, specialty shops, and everyday essentials.

Shoppers can find exclusive fashion brands such as Michael Kors, Kate Spade, and TUMI, showcasing their latest collections. Additionally, renowned jewelry retailers like Swarovski and Pandora offer an assortment of stylish accessories.

For individuals seeking unique and specialty items, Grand Central NYC houses stores like Pylones, a quirky gift shop known for its imaginative and colorful products, and the New York Transit Museum Store, offering an array of transit-themed merchandise.

The retail space also includes convenience stores, ensuring commuters can easily grab their everyday essentials before or after their train ride. Stores like Grand Central Market provide a blend of gourmet food products, artisanal snacks, and fresh produce. Additionally, there are outlets of popular pharmacy chains like CVS for pharmaceutical and personal care needs.

Moreover, Grand Central NYC features a range of bookstores, including renowned sellers like Barnes & Noble, offering a vast selection of books, stationery, and magazines for reading enthusiasts.

Overall, the retail space in Grand Central Terminal NYC is designed to cater to different needs and preferences, allowing visitors, commuters, and shoppers to conveniently access a variety of shops, boutiques, and essential stores in one central location.