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2-4 W 32nd St 1,500 SF of Retail Space Available in New York, NY 10001
Sublease Highlights
- Fully vented space with gas service, ideal for restaurant use.
- Excellent interior condition, ready for immediate occupancy.
- Steps from Penn Station, Herald Square, and major subway lines.
- All kitchen equipment and fixtures included in lease.
- Surrounded by top-tier hotels, restaurants, and retail.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
1,500 SF with storage room noncontiguous. Fully vented with gas. Excellent condition. Key money upon request.
- Sublease space available from current tenant
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Secure Storage
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 2-4 W 32nd St, New York, NY 10001
- Tenant
- Description
- US Locations
- Reach
- Abiko Curry
- Restaurant
- 1
- Local
- Children's Chinese Book Garden
- Other Services
- 1
- Local
- Ebenzer
- Massage
- 1
- Local
- E-MO
- Restaurant
- 1
- Local
- Mandoo Bar
- Restaurant
- 1
- Local
- Modern Leather Goods
- Home Accessories
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Abiko Curry | Restaurant | 1 | Local |
| Children's Chinese Book Garden | Other Services | 1 | Local |
| Ebenzer | Massage | 1 | Local |
| E-MO | Restaurant | 1 | Local |
| Mandoo Bar | Restaurant | 1 | Local |
| Modern Leather Goods | Home Accessories | 1 | Local |
Property Facts
| Total Space Available | 1,500 SF | Gross Leasable Area | 27,000 SF |
| Property Type | Retail | Year Built | 1921 |
| Total Space Available | 1,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 27,000 SF |
| Year Built | 1921 |
About the Property
Positioned in the vibrant core of Manhattan’s Koreatown, 2 West 32nd Street offers a fully vented, turnkey ground-floor retail opportunity ideal for food and beverage operators. This 1,500 SF full-floor space is in excellent condition and comes equipped with all existing fixtures and kitchen equipment, minimizing upfront costs and accelerating time to market. The property benefits from heavy foot traffic and visibility, nestled between Fifth Avenue and Broadway, just steps from Penn Station, Herald Square, and the Empire State Building. The surrounding neighborhood is a dynamic mix of hospitality, retail, and cultural destinations, including Keens Steakhouse, The Morgan Library & Museum, and the Moxy Hotel. With a new 5–7 year lease available and modest annual rent escalations, this space offers long-term stability in one of Manhattan’s most sought-after retail corridors. Whether you're launching a new concept or expanding an established brand, this location delivers unmatched exposure and accessibility.
Nearby Major Retailers
Contact the Leasing Agent
2-4 W 32nd St