As a Tenant Broker we represent you, not the landlord to get you the best deal to rent lease, let or buy an a retail in Times Square.
Boundaries for Times Square
Lease retail Times Square, which is located in Midtown Manhattan and is bound by 6th Avenue to 8th Avenue from 38th Street to 49th Street.
Retail Trends in Times Square
For those looking to rent retail Times Square or lease retail Times Square the market trends for Times Square are as follows.
Times Square, perhaps New York City’s most famous neighborhood, attracts both domestic and international tourism. With basically 24/7 sales cycles Times Square retail is largely oriented towards tourism and towards the surrounding commercial buildings.
Retail Spaces Available
Affordable retail space in Times Square include the following locations and prices. West 47th Street & Avenue of the Americas with 500 square feet is asking for $104,166 per month. Broadway & West 49th with 499 square feet is asking for $103,999 per month.
Additional Times Square Retail Space for lease includes the following, West 41st Street & Seventh Avenue with 1,200 square feet, asking for $250,000.
History of Times Square
Times Square remains at the center of New York City’s growing tourism market. Although most native New Yorkers typically avoid Times Square, the same cannot be said of the emerging tourism market in New York City, which has increased Times Square’s foot traffic substantially. The surrounding commercial buildings further increase foot traffic to the neighborhood. Tenants are drawn to Times Square Retail Space for rent for the high volume of foot traffic, and the extended sales cycle.