Retail space for sale in Midtown
Midtown is the largest office market in the country, anchored by the Plaza District, Sixth Avenue, and the Rockefeller Center corridor. Inventory runs from trophy towers to smaller prewar buildings on the side streets, which is where most full-floor deals under 10,000 SF happen.
- Retail stock
- 16.3M SF
- Retail properties
- 1,163
- Largest retail
- 743 Lexington Avenue
- Transit
- B D F M at 42 St-Bryant Pk
Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.
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NYC Department of Finance filings
Income and expenses per square foot: retail buildings in Manhattan
In 2024, 1,328 Manhattan retail properties filed income statements with the city. Their median gross income was $64.71 per square foot, and the middle half collected between $38.35 and $104.91. Their median operating expense was $14.76 per square foot. The typical property's income was up 2.1% on 2023. The city publishes these figures by borough, not by neighborhood, so they cover Manhattan as a whole.
Gross income per square foot, 2024
Manhattan retail buildings
- Median gross income
- $64.71/SF
- Middle half
- $38.35 to $104.91
- Median operating expense
- $14.76/SF
- Typical change on 2023
- +2.08%
- Citywide median
- $36.07/SF
- Filings
- 1,328
Source: NYC Department of Finance, FY 2027 RPIE 2024 Income and Expense Distributions (FY 2027 assessment roll, published January 2026), page 16. Owners of income-producing properties file a Real Property Income and Expense statement each year; gross income is everything a property collected in 2024 per square foot, as filed, with outlier and partial-year filers left out. It includes vacant space, concessions and older leases, so it is not an asking rent.
NYC tax lot records
Retail buildings in Midtown
What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.
- Retail space
- 16.3M SF
- Properties with retail space
- 1,163
- All commercial space
- 164M SF
- Built before 1940
- 66%
Largest retail buildings
All 357 large commercial buildings in MidtownAge, height and zoning
- Median year built: 1926.
- Median height: 7 floors.
- Most common zoning districts: C5-3 (278), R8B (170), C1-9 (139).
- Historic districts: Upper East Side Historic District (49 lots), Turtle Bay Gardens Historic District (2 lots), Scenic Landmark (1 lot).
- 119 lots are designated city landmarks.
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16. Counts cover tax lots with commercial floor area within about 0.4 mi of Midtown's commercial core, and each lot counts toward one neighborhood only, so boundaries are approximate. Building figures are the city's floor-area estimates, not available space.
MTA station data
Subway stations in Midtown
Every station within about 0.5 mi of Midtown's commercial core, closest first. Stations joined by a free transfer count once.
- Stations
- 18
- Subway lines
- 19
- Fully accessible
- 10 of 18
- Closest
- 47-50 Sts-Rockefeller Ctr, 1 min walk
The 18 stations
- 47-50 Sts-Rockefeller Ctr
- 42 St-Bryant Pk
- 49 St
- Times Sq-42 St
- 7 Av
- 5 Av/59 St
- 50 St
- 51 St
- 5 Av/53 St
- 57 St
- 59 St
- 57 St-7 Av
- Grand Central-42 St
- 50 St
- Lexington Av/63 St
- 34 St-Herald Sq
- 34 St-Penn Station
- 59 St-Columbus Circle
Lines
The 1, 2, 3, 4, 5, 6, 7, A, B, C, D, E, F, M, N, Q, R, W and S trains stop within about 0.5 mi of Midtown's core.
Step-free access
- 47-50 Sts-Rockefeller Ctr (B D F M) is fully accessible.
- Times Sq-42 St (1 2 3 7 N Q R W S) is fully accessible.
- 51 St (6) is fully accessible.
- 57 St (M) is fully accessible.
- 57 St-7 Av (N Q R W) is fully accessible.
- Grand Central-42 St (4 5 6 7 S) is fully accessible.
- Lexington Av/63 St (M Q) is fully accessible.
- 34 St-Herald Sq (B D F M N Q R W) is fully accessible.
- 34 St-Penn Station (1 2 3) is fully accessible.
- 59 St-Columbus Circle (1 A B C D) is fully accessible.
- 49 St (N R W) and 50 St (C E) are partly accessible (one direction only).
Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-16. Walking times are straight-line estimates from the nearest point of Midtown's commercial core (the same area as the building counts), so the street route is longer. Accessibility is the MTA's rating for the named station. PATH, LIRR, Metro-North and ferries are not in this data.
NYC property records (ACRIS)
Recent retail building sales in Midtown
2 sales of the large retail buildings Leasemark tracks in Midtown have been recorded since 2016, $213.1 million in all.
Newest sales
Since 2016
- Largest: 731 Fifth Avenue, $131.7 million in February 2017.
- Newest deed on record: June 2018. The city's open data runs about a month behind.
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; prices as the deeds state them, buyers named only when they are companies. These are sales of the large buildings Leasemark tracks, not every sale here: condo buildings (sold unit by unit), partial interests and sales of the company that owns a building are left out.
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Questions about retail space in Midtown
Is there retail space for sale in Midtown right now?
No retail space for sale in Midtown is listed on Leasemark right now. Post what you want to buy and Leasemark matches you the day a space that fits is listed; your contact details stay private until you accept an intro. Owners and brokers can list a space here for free.
How much does retail space cost in Midtown?
Leasemark has no asking prices posted here yet, so here are the city's own numbers. Owners of retail buildings in Manhattan reported a median $64.71 of gross income and $14.76 of operating expense per square foot for 2024 (middle half of income: $38.35 to $104.91), according to the income and expense statements owners file with the NYC Department of Finance (FY 2027 distributions, 1,328 filings). The city publishes these figures by borough, so this is Manhattan as a whole, not Midtown alone. That is what buildings actually collected, with vacant space, concessions and leases signed years ago in the mix, so it is a baseline rather than a quote: a specific space's price depends on the building's class, floor, condition and the length of the lease.
How do I find retail space in Midtown 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 much retail space is there in Midtown?
New York City's PLUTO tax lot data (26v2) records about 16.3 million square feet of retail floor area across 1,163 properties in the part of Midtown Leasemark covers. The largest by that measure is 743 Lexington Avenue, at about 839,000 square feet. That is the existing building stock, not space currently for sale.
What subway lines serve Midtown?
18 subway stations sit within about 0.5 mi of Midtown's commercial core, served by the 1, 2, 3, 4, 5, 6, 7, A, B, C, D, E, F, M, N, Q, R, W and S trains. The closest is 47-50 Sts-Rockefeller Ctr (B D F M), roughly 1 minute on foot; then 42 St-Bryant Pk (B D F M 7), 49 St (N R W), Times Sq-42 St (1 2 3 7 N Q R W S A C E), 7 Av (B D E), 5 Av/59 St (N R W), 50 St (1) and 11 more. Walking times are straight-line estimates from MTA station data.
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.