Your email has been sent.
40 W 55th St 400 SF of Retail Space Available in New York, NY 10019
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
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 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 monthly rent $7,150 The asking key money is $40,000, 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.
- Sublease space available from current tenant
- Fully Built-Out as Standard Retail Space
- MoMA, Rockefeller Center, The Peninsula New York,
- Rate includes utilities, building services and property expenses
- Space is in Excellent Condition
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| Ground, Ste 1 | 400 SF | Negotiable | $302.12 CAD/SF/YR $25.18 CAD/SF/MO $120,848 CAD/YR $10,071 CAD/MO | Retail | Full Build-Out | Now |
Ground, Ste 1
| Size |
| 400 SF |
| Term |
| Negotiable |
| Rental Rate |
| $302.12 CAD/SF/YR $25.18 CAD/SF/MO $120,848 CAD/YR $10,071 CAD/MO |
| Space Use |
| Retail |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
Ground, Ste 1
| Size | 400 SF |
| Term | Negotiable |
| Rental Rate | $302.12 CAD/SF/YR |
| Space Use | Retail |
| Build-Out | Full Build-Out |
| Available | Now |
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 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 monthly rent $7,150 The asking key money is $40,000, 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.
- Sublease space available from current tenant
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- MoMA, Rockefeller Center, The Peninsula New York,
Property Facts
| Total Space Available | 400 SF | Apartment Style | Mid-Rise |
| No. Units | 35 | Building Size | 50,000 SF |
| Property Type | Multifamily | Year Built/Renovated | 1925/1998 |
| Property Subtype | Apartment |
| Total Space Available | 400 SF |
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 50,000 SF |
| Year Built/Renovated | 1925/1998 |
About the Property
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.
Nearby Major Retailers
Presented by
Manhattan Dwelling Corp
40 W 55th St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.