On average, listings lease in the $150's per square foot per year. The Rockefeller Center submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $40 per sqft per year. That's a 33% rise in rent.
Compared to the rest of the New York City market, the Rockefeller Center region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 166 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available space in the Rockefeller Center are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,880 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 25 floors. Most buildings in this region were built in 1935 and are Class A.
Public administration is the dominant industry in this area. Most of the residents of Rockefeller Center work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Rockefeller Center.
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