Chinatown Office Space

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15 Division St - 2 Spaces Chinatown, New York City, NY  
Sep 21
500 - 1,000
sqft
Sublease Mixed Use Office Other
8 Catherine St - Unit 6 (Floor 6) Chinatown, New York City, NY  
Sep 12
3,400
sqft
Office
84 Bowery - Floor 4 Chinatown, New York City, NY Elevators.
Aug 23
2,600
sqft
Office
177 Canal St - 2 Spaces Chinatown, New York City, NY  
Aug 02
1,700
sqft
Live/Work Mixed Use Office Other
8 Catherine St - Unit 400 (Floor 4) Chinatown, New York City, NY  
Aug 01
380
sqft
Sublease Office
169 Canal St - Unit 3 (Floor 3) Chinatown, New York City, NY  
Jul 21
500
sqft
Sublease Office
62 Orchard St - Space Chinatown, New York City, NY  
Jul 11
2,400
sqft
Office
80 Bowery - Floor 3 Chinatown, New York City, NY  
May 25
1,100
sqft
Office Medical
94 Bowery - Floor 3 Chinatown, New York City, NY  
May 17
2,000
sqft
Live/Work Office
50 E Broadway - 4 Spaces Chinatown, New York City, NY  
Apr 21
300 - 400
sqft
Office
94 Bowery - Floor 4 Chinatown, New York City, NY  
Apr 11
2,000
sqft
Live/Work Office
81 Bowery - Space Chinatown, New York City, NY  
Apr 03
800
sqft
Office

Chinatown

Market Report

Number of Listings
Posted in the last 90 days
14
Median Rate ($/sqft/yr)
$56
Median Size (sqft)
2,300

Chinatown Rates

Most listings are in the $50's per square foot per year. The Chinatown submarket is going through a decrease in rates. In the last 3 months, the median rate fell $14 per sqft per year. That's a 19% decline in rent.

Compared to the rest of the New York City market, the Chinatown submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Chinatown Listing Supply

In the last 90 days, 168 listings have come on the market, so you'll want to check back regularly for new listings. About 15% of the listings in the Chinatown are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,300 sqft. Most properties in this market are close to 6 floors. Most buildings in this region were built in 1915 and are Class A.

Chinatown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Chinatown occupants. Commuting around 20 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 Chinatown.
Research