Restaurant space for lease in Manhattan

Every restaurant space for lease on Leasemark across the 24 Manhattan neighborhoods we cover (Midtown, Grand Central, Times Square, Hudson Yards, Hell's Kitchen, Garment District, Midtown South, Flatiron, Union Square, Chelsea, Meatpacking, SoHo, NoHo, Tribeca, Financial District, Murray Hill, Greenwich Village, West Village, East Village, Lower East Side, Harlem, Upper West Side, Upper East Side and Washington Heights), plus the tenants and buyers looking there right now.

Retail stock
94.6M SF
Retail properties
13,014
Largest retail
441 Seventh Avenue
Commercial properties
17,749

Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market, summed across the 24 Manhattan neighborhoods Leasemark covers. By neighborhood below.

On Leasemark No restaurant space for lease and no requirements posted in Manhattan yet. Post yours and it is matched the day it goes up.

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New restaurant spaces in Manhattan are matched to requirements the day they are posted. Post yours and be first in line. The labeled example below shows how a space appears here; it is not on the market.

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Restaurant space at 96 St Marks Pl, Ground + Cellar
RestaurantExample
Available2,100SF

96 St Marks Pl, Ground + Cellar

Vented restaurant space, East Village · East Village

$145/SF/yr

What a requirement here looks like

No live requirements in Manhattan yet. These labeled examples show what tenants post. Owners: list a space and we match it against every new requirement automatically.

List a space in Manhattan

NYC storefront registry

Storefronts in Manhattan: how many stand empty

Every ground- and second-floor storefront owners registered in Manhattan for the end of 2024, and how many stood vacant: where retail and restaurant tenants have the most choice, by street and neighborhood.

Registered storefronts
23,411
Vacant on Dec 31, 2024
2,607
Vacancy rate
11.1%
NYC 8.7%
A year earlier
11.5%
fewer empty now

Vacancy rate by year

  1. December 201910.4%
    2,787 of 26,819 storefronts
  2. December 202014.8%
    3,949 of 26,723 storefronts
  3. December 202113.8%
    3,312 of 24,024 storefronts
  4. December 202213.0%
    3,156 of 24,290 storefronts
  5. December 202311.5%
    2,724 of 23,665 storefronts
  6. December 202411.1%
    2,607 of 23,411 storefronts

Neighborhoods with the most vacant storefronts

  1. Midtown320
    14.0% of 2,285
  2. Upper East Side219
    8.6% of 2,557
  3. Harlem194
    11.1% of 1,740
  4. Upper West Side168
    9.5% of 1,777
  5. Midtown South119
    12.7% of 940
  6. Financial District110
    16.9% of 652
  7. Garment District106
    14.0% of 758
  8. Washington Heights91
    8.2% of 1,112
  9. Hudson Yards89
    26.7% of 333
  10. SoHo87
    8.9% of 973

Streets with the most storefronts in Manhattan

  1. Broadway1,695
    215 vacant (12.7%)
  2. Third Avenue731
    97 vacant (13.3%)
  3. Second Avenue701
    59 vacant (8.4%)
  4. Madison Avenue598
    67 vacant (11.2%)
  5. Lexington Avenue580
    62 vacant (10.7%)
  6. First Avenue568
    50 vacant (8.8%)
  7. Fifth Avenue539
    68 vacant (12.6%)
  8. Amsterdam Avenue539
    46 vacant (8.5%)
  9. Eighth Avenue466
    83 vacant (17.8%)
  10. Ninth Avenue336
    25 vacant (7.4%)

Storefront vacancy across New York City

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings, pulled 2026-10-01. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31. A vacant storefront is not always on the market: some are being renovated, held empty or already leased to a tenant who has not moved in.

NYC tax lot records

Retail buildings across Manhattan

Where Manhattan's existing retail space stands, neighborhood by neighborhood, from the city's own property data, next to the other boroughs. Useful for choosing where to search before a single space is listed.

Manhattan
94.6M SF
62% · 13,014 properties
Brooklyn
30.3M SF
20% · 9,263 properties
Queens
21.0M SF
14% · 4,738 properties
Bronx
6.2M SF
4% · 1,255 properties

Manhattan neighborhoods with the most retail space

  1. Midtown16.3M SF
    17% of Manhattan · 1,163 properties
  2. Upper East Side7.6M SF
    8% of Manhattan · 1,658 properties
  3. Upper West Side6.8M SF
    7% of Manhattan · 929 properties
  4. Garment District6.2M SF
    7% of Manhattan · 393 properties
  5. Financial District5.8M SF
    6% of Manhattan · 395 properties
  6. Harlem5.7M SF
    6% of Manhattan · 1,344 properties
  7. Hudson Yards5.3M SF
    6% of Manhattan · 113 properties
  8. SoHo4.4M SF
    5% of Manhattan · 844 properties
  9. Midtown South4.1M SF
    4% of Manhattan · 634 properties
  10. Flatiron3.7M SF
    4% of Manhattan · 451 properties

Largest retail buildings

  1. 441 Seventh Avenue2.2M SF
    Garment District · 19 floors · built 1930
  2. 743 Lexington Avenue839K SF
    Midtown · 12 floors · built 1868
  3. 200 Lexington Avenue470K SF
    Murray Hill · 16 floors · built 1925
  4. 234 West 42nd Street275K SF
    Times Square · 15 floors · built 1999
  5. 44 East 14th Street263K SF
    Union Square · 7 floors · built 1971
  6. 280 St. Nicholas Avenue248K SF
    Harlem · 4 floors · built 1998
  7. 95 South Street242K SF
    Financial District · 4 floors · built 2015
  8. 842 Broadway227K SF
    Union Square · 6 floors · built 1998
Every large commercial building by neighborhood

The other 14 Manhattan neighborhoods, by retail space

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30. Figures are sums of the 24 Manhattan neighborhoods Leasemark covers (tax lots with commercial floor area near each neighborhood's commercial core, each lot counted once), not totals for the whole borough. Building figures are the city's floor-area estimates, not available space.

Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

All guides

Questions about restaurant space in Manhattan

How much does restaurant space cost in Manhattan?

Pricing depends on building class, floor, condition and lease length. Post a requirement with your budget and Leasemark will match you with spaces that fit it as they are listed.

How do I find restaurant space in Manhattan that is not publicly listed?

Post a requirement on Leasemark. Owners and listing brokers see what you need (without your contact details) and can respond with spaces, including ones that are not on the market yet. You choose who gets an intro.

How many storefronts are vacant in Manhattan?

Owners registered 23,411 ground- and second-floor storefronts in Manhattan with the NYC Department of Finance for the end of 2024, and 2,607 of them (11.1%) stood vacant on December 31, 2024, against 8.7% citywide and 11.5% in Manhattan a year earlier. The streets with the most storefronts are Broadway (1,695 storefronts, 215 vacant), Third Avenue (731 storefronts, 97 vacant) and Second Avenue (701 storefronts, 59 vacant). A vacant storefront is not always on the market: some are being renovated, held empty or already leased to a tenant who has not moved in.

How much retail space is there in Manhattan?

New York City's PLUTO tax lot data (26v2) records about 94.6 million square feet of retail floor area across 13,014 properties in the 24 Manhattan neighborhoods Leasemark covers, 62% of the retail space in all 47 covered New York City neighborhoods. That is existing building stock in those neighborhoods, not a total for the whole borough and not space currently for lease.

Which Manhattan neighborhoods have the most retail space?

By floor area in the city's tax lot data: Midtown (about 16.3 million square feet), the Upper East Side (about 7.6 million square feet) and the Upper West Side (about 6.8 million square feet). The largest single retail building on record in Manhattan is 441 Seventh Avenue in the Garment District, at about 2.2 million square feet.

Do tenants in Manhattan pay the NYC Commercial Rent Tax?

Only for space south of the center line of 96th Street, and only for larger leases. Premises north of 96th Street and in the other boroughs do not pay it at any rent, and Lower Manhattan has its own exemptions for stores south of Murray, Frankfort and Dover Streets and premises in the World Trade Center area. A tenant owes it only when base rent for the space is $250,000 a year or more. The tax is 6% of base rent after a 35% reduction, so 3.9% of rent, with a sliding credit between $250,000 and $300,000, and the Small Business Tax Credit wipes it out for businesses with total income of $5 million or less and base rent under $500,000.

Estimate it with the Commercial Rent Tax calculator

Is it free to post on Leasemark?

Yes. Posting a space or a requirement is free. Contact details are only shared when both sides accept an intro.

Neighborhoods in Manhattan

Other boroughs

Other space in Manhattan

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