Most listings are in the $20's per square foot per year. The Manhattan region is seeing a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 2% decrease in rent.
In the last 90 days, 68 listings have been made available, so you'll want to check back regularly for new listings. About 22% of the listings in the Manhattan 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.
Even though the median size is 3,150 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 1 stories. Most buildings in this region were built in 1987 and are Class A.
Real time and historical data on commercial real estate listings in Manhattan.
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