Bowery Industrial

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Bowery

Market Report

Number of Listings
Posted in the last 90 days
23
Median Rate ($/sqft/yr)
$124
Median Size (sqft)
1,600

Compared to the rest of the New York City market, the Bowery region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Bowery Listing Supply

In the last 90 days, 112 listings have come on the market, so you'll want to check back regularly for new listings. About 16% of the listings in the Bowery are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,600 sqft. Most buildings in this market are approximately 5 stories. Most buildings in this area were built in 1910 and are Class C.

Bowery Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Most of the residents of Bowery work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Bowery.
Research