How much does it cost to rent retail space in NYC?

The cost of renting retail space in NYC varies widely depending on the location, size, and type of space.

To read: our NYC MarketBeat Retail report analyzes quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Popular neighborhoods in NYC

Here are some popular neighborhoods in NYC to lease retail space:

• SoHo (South of Houston Street): The neighborhood has been the location of many artists' lofts and art galleries, and has also been known for its variety of shops ranging from trendy upscale boutiques to national and international chain store outlets. 
  
• Fifth Avenue: A major and prominent thoroughfare in the borough of Manhattan in New York City. It stretches north from Washington Square Park in Greenwich Village to West 143rd Street in Harlem. It is one of the most expensive shopping streets in the world
  
• Madison Avenue: Home to many popular and high-end, luxury retail brands.
  
• Nolita: Once part of Little Italy, Nolita has formed a distinct identity known for designer boutiques, art galleries, and laid-back cafés.
  
• The West Village: The West Village is a destination for shopping, nightlife, and daytime strolls along winding streets. 
• Meatpacking District/Chelsea: Chelsea is a trendy and artistic neighborhood that has become popular with media and creative companies, as well as architecture and design firms.
  
  

Getting to and from NYC

There are several transportation options for getting to and from New York City: 

• Airplane: There are three major airports serving NYC - John F. Kennedy International Airport (JFK), LaGuardia Airport (LGA), and Newark Liberty International Airport (EWR). Travelers can fly to these airports from anywhere in the world. 
  
• Train: Amtrak, Long Island Rail Road (LIRR), and New Jersey Transit (NJT) provide train services to and from NYC, connecting travelers to nearby cities and states.
  
• Bus: Several bus companies, such as Greyhound, Megabus, and BoltBus, offer affordable and convenient bus services to and from NYC.
  
• Car: Travelers can drive to NYC by taking major highways like I-95, I-78, or I-80, or by using local roads and bridges. 
  
• Ferry: NYC's waterways offer ferry services from nearby cities, such as Jersey City, Hoboken, and Staten Island, providing scenic and enjoyable ways to travel to and from the city.