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Port Authority Bus Terminal 625-649 Eighth Ave 1,116 - 9,431 SF of Retail Space Available in New York, NY 10018
Highlights
- Ideal for all uses – venting possible in most spaces.
- Close proximity to Times Square, the new 42nd Street, and the burgeoning Hudson Yards district.
- Exceptional foot traffic with the bulk of the commuter gates are on the second floor with exits to 8th and 9th Avenues on the ground floor.
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste BTN-100(m) | 1,116 SF | 3 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| Ground, Ste BTS-100 | 3,935 SF | 3 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| Ground, Ste BTS-106 | 2,030 SF | 3 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 2nd Floor, Ste BTS220A | 2,350 SF | 3 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
619-649 8th Ave - Ground - Ste BTN-100(m)
Mezzanine Level - Lease term through 2030. -Ideal for all uses. The bulk of the commuter gates are on the second floor with exits to 8th and 9th Avenues on the ground floor -Close proximity to Times Square, the new 42nd Street, and the burgeoning Hudson Yards district -Retailer volumes in the terminal can be in excess of $2,000 PSF -Asking rents available upon request
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Retailer volume can exceed $2000 PSF
619-649 8th Ave - Ground - Ste BTS-100
- Lease term through 2028. • Fully built, “turnkey” space formerly occupied by Heartland Brewery • Storage space on mezzanine level of 1,116 sf • Exposure both inside the terminal and on Eighth Avenue and 41st Street • Located right at the main entrance to one of NYC’s busiest transportation hubs
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Retailer volume can exceed $2000 PSF
619-649 8th Ave - Ground - Ste BTS-106
Lease term through 2030. -Ideal for all uses. The bulk of the commuter gates are on the second floor with exits to 8th and 9th Avenues on the ground floor -Close proximity to Times Square, the new 42nd Street, and the burgeoning Hudson Yards district -Retailer volumes in the terminal can be in excess of $2,000 PSF -Asking rents available upon request
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Retailer volume can exceed $2000 PSF
619-649 8th Ave - 2nd Floor - Ste BTS220A
Lease term through 2030. -Ideal for all uses. The bulk of the commuter gates are on the second floor with exits to 8th and 9th Avenues on the ground floor -Close proximity to Times Square, the new 42nd Street, and the burgeoning Hudson Yards district -Retailer volumes in the terminal can be in excess of $2,000 PSF -Asking rents available upon request
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Retailer volume can exceed $2000 PSF
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 Port Authority Bus Terminal
- Tenant
- Description
- US Locations
- Reach
- Dunkin'
- Donut Shop
- 11,937
- International
- Hudson News
- Other Services
- 80
- National
- Starbucks
- Coffee
- 21,674
- International
| Tenant | Description | US Locations | Reach |
| Dunkin' | Donut Shop | 11,937 | International |
| Hudson News | Other Services | 80 | National |
| Starbucks | Coffee | 21,674 | International |
Property Facts
| Total Space Available | 9,431 SF | Frontage | 480’ on 8 Ave |
| Center Type | Community Center | Gross Leasable Area | 1,023,084 SF |
| Parking | 150 Spaces | Total Land Area | 5.85 AC |
| Stores | 40 | Year Built | 1950 |
| Center Properties | 1 |
| Total Space Available | 9,431 SF |
| Center Type | Community Center |
| Parking | 150 Spaces |
| Stores | 40 |
| Center Properties | 1 |
| Frontage | 480’ on 8 Ave |
| Gross Leasable Area | 1,023,084 SF |
| Total Land Area | 5.85 AC |
| Year Built | 1950 |
About the Property
TRANSPORTATION HUB RETAIL 625 EIGHTH AVE BETWEEN WEST 40TH + 42ND STREETS.
- Bus Line
- Commuter Rail
- Metro/Subway
Nearby Major Retailers
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Port Authority Bus Terminal | 625-649 Eighth Ave
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