347-737-5567
40 W 55th St, New York, NY for Rent

$214.50 USD /SF/yr

Retail - For Rent
1/9
400 SF | 1 Space

40 W 55th St
New York, NY 10019
Midtown East


OVERVIEW

Position your business in one of the most lucrative commercial and residential corridors in the world. This established ground-floor locksmith shop at 40 West 55th Street is a rare, highly profitable turn-key operation ready for immediate takeover.The $400 sf space has been meticulously built out to maximize every inch of usable area. One side features an extensive, organized key-wall and built-in shelving stocked with a deep inventory of hardware, blanks, and security products. The opposite side boasts a heavy-duty workstation complete with professional key-duplicating machinery and grinding equipment. The front of the house features a modern, clean POS counter with integrated digital checkouts and display cabinetry.With an incredibly rare 8 years left on the lease, a new operator secures long-term overhead stability in a neighborhood where ground-floor retail space is at an absolute premium. Surrounded by major corporate offices, luxury high-rises, hotels, and fine dining, the built-in demand for emergency lockouts, master key systems, and walk-in key duplication is massive and constant.At an Rent $7150 per month asking key money price of $50,000, this represents an incredibly low-barrier entry to owning an active, fully-equipped business in a premier Midtown Manhattan location.Perfect for an expanding security company looking for a Midtown flagship, or an independent locksmith ready to step into a fully built, high-traffic retail location on day one.

RENTAL DETAILS

SPACE AVAILABLE

400 SF

# OF SPACES

1

RENT/MONTH

$7,150 USD /mo

RENT RATE (MO)

$17.88 USD /SF/mo

RENT RATE (YR)

$214.50 USD /SF/yr

LEASE TYPE

Full Service Gross

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

TOTAL BUILDING SIZE

50,000 SF

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098.4 SF

ZONING

C5-P

ASK ABOUT THIS PROPERTY

Dvir AtiasManhattan Dwelling CorpMore Info
347-737-5567

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Dvir AtiasManhattan Dwelling CorpMore Info
347-737-5567

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.