Rose Hill Office Space

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419 Park Ave S - Floor 7 Kips Bay, New York City, NY  
Jul 06
419 Park Ave S - 2 Spaces Kips Bay, New York City, NY  
Jul 06
387 Park South - 3 Spaces Kips Bay, New York City, NY  
Jun 28
1,840 - 4,400
218 E 29th St - Space Kips Bay, New York City, NY  
Jun 19
Sublease Mixed Use Office Medical

Rose Hill

Market Report

Number of Listings
Posted in the last 90 days
Median Rate ($/sqft/yr)
Median Size (sqft)

Rose Hill Rates

Most listings are in the $70's per square foot per year. The Rose Hill region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $54 per sqft per year. That's a 40% decrease in rent.

Compared to the rest of the New York City market, the Rose Hill region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Rose Hill Listing Supply

In the last 90 days, 460 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the available leases in the Rose Hill are subleases, so you will probably have to focus your search on direct office leases. 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 1,840 sqft. Most buildings in this market are around 8 floors. Most buildings in this market were built in 1916 and are Class B.

Rose Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Rose Hill residents. Commuting around an hour 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 Rose Hill.