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Harlem retail vacancy falls as small grocers sign longer leases
The registry counts 140 empty storefronts, and recorded leases on 125th Street list ten-year terms at lower first-year rents.
Harlem · 5 h ago · Based on 3 documents
AreaHarlem
Key facts
Vacancy down to 11.8%
19 leases recorded since January
14 of them run ten years
Rent 14% lower on long terms
The share of Harlem storefronts reported vacant fell to 11.8% this year, from 14.1% in 2025. That is 140 empty storefronts out of the 1,184 on the city's registry. The rate has fallen every year since 2022, when it was 16.9%.
The Department of Finance recorded 19 memoranda of lease on 125th Street between January and September. Fourteen of the 19 list a term of ten years, or 74% of the total. The other five list shorter terms.
11.8%
Harlem storefronts reported vacant in 2026
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Still in this story
The five shorter leases, rent by rent
Where the 140 empty storefronts sit
The registry count of food retailers, year by year
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