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RKF Brings Times Square Corner Retail Opportunity to Market where $1.7 Billion are Spent Annually in Retail Sales

04.18.17

8,991 Square Feet of Prime Retail Space Available at 9 Times Square

NEW YORK —RKF, the country’s leading independent real estate firm specializing in retail leasing, investment sales and consulting services, is exclusively marketing 8,991 square feet of divisible retail space occupying two stories at 9 Times Square, on one of New York City’s busiest corners.

RKF Vice Chairman Ariel Schuster, Managing Director Jackie Totolo, Associate Thomas Cholnoky and Associate Jordyn Comras are marketing the opportunity on behalf of the owner, American Realty Capital New York City REIT, Inc.

The retail space includes 5,136 square feet on the ground floor and 3,855 square feet of retail space on the lower level of a 21-story office building featuring brand-new retail storefronts and LED signage, as well as 130 feet of wraparound frontage. There is also 12,818 square feet of additional space that can be made available on the second and third floors of the building.

Located on the southwest corner of West 41st Street and Seventh Avenue, 9 Times Square is ideally situated just steps from the heart of the Times Square “bowtie,” where $1.7 billion are spent annually in retail sales by 170,000 office workers, 66,000 residents and 360,000 visitors who stroll through Times Square every day. In addition, Times Square is home to New York City’s busiest subway station, with 89 million riders annually. Neighboring retailers include Red Lobster, The Counter Burger, Sephora, Foot Locker, Pret A Manger, Wasabi, Wolfgang’s Steakhouse and Muji.

“Times Square is one of the busiest and densest areas in New York City, a one-of-a-kind destination that attracts a huge and eclectic crowd,” said Totolo. “This is a unique opportunity to ramp up a brand’s visibility—for a fast-casual or full-service restaurant, a financial services tenant, an apparel or beauty retailer, a pharmacy, or any one of a number of other businesses.”

About RKF

The leading independent real estate firm in North America specializing in retail leasing, investment sales and consulting services, RKF serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and dispositions. With approximately $30 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities throughout the United States for leading American and international chains, retailers, developers and institutional clients. RKF is headquartered in New York with offices in Chicago, Las Vegas, Los Angeles, Miami, Northern New Jersey, San Francisco and Toronto. RKF operates in Canada as RKF Group Canada Realty, a retail brokerage.

RKF’s New York City office is located at 521 Fifth Avenue, Floor 7, New York, NY 10175
T: 212.599.3700. www.rkf.com

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