Upper Manhattan Office Space

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127 E 102nd St - Entire Building Harlem, New York City, NY  
Aug 09
300
sqft
Office
2581 Broadway - Floor 1 Upper West Side, New York City, NY  
Sep 01
600
sqft
Office
194 Riverside Blvd - Unit office space (Floor 1) Upper West Side, New York, NY  
Aug 30
3,500
sqft
Sublease Office
294 Columbus Ave - Space Upper West Side, New York City, NY plus basement storage
Sep 19
1,940
sqft
Office Retail
660 Madison Ave - Floor 12 Upper East Side, New York City, NY  
Sep 06
90
sqft
Office
2148 Broadway - 2 Spaces Upper West Side, New York City, NY possession: immediate
Aug 30
4,650 - 6,890
sqft
Sublease Office
403 E 91st St - 2 Spaces Yorkville, New York City, NY flexible lease term
Aug 28
8,000
sqft
Office Medical
36 E 61st St - 7 Spaces Midtown, New York City, NY kitchenette
Jul 19
1,200 - 2,600
sqft
Office Retail
210 E 122nd St - Unit Ground (Floor 1) Harlem, New York City, NY  
Jul 05
2,500
sqft
Office Retail
150 E 72nd St - Unit C Upper East Side, New York City, NY  
Jul 01
1,300
sqft
Office
1651 Lexington Ave - Unit 1 (Floor 1) Harlem, New York City, NY  
Jun 15
770
sqft
Sublease Mixed Use Office Medical Retail
30 E 60th St - Space Upper East Side, New York City, NY  
May 23
3,100
sqft
Sublease Office Medical
505 Park Ave - Floor 2 Upper East Side, New York City, NY  
May 20
3,000
sqft
Sublease Office
2 Bennett Ave - Unit 2 (Floor Mezzanine) Washington Heights, New York City, NY  
Apr 27
2,000
sqft
Office Medical Mixed Use
115 E 61st St - 2 Spaces Upper East Side, New York City, NY pantry
Apr 20
150 - 160
sqft
Office Medical

Upper Manhattan

Market Report

Number of Listings
Posted in the last 90 days
7
Median Rate ($/sqft/yr)
$123
Median Size (sqft)
1,840

Upper Manhattan Rates

The typical asking rate per listing is in the $90's per square foot per year. The Upper Manhattan region is seeing a decline in rates. In the last 3 months, the median rate decreased $34 per sqft per year. That's a 27% decline in rent.

Compared to the rest of the New York City market, the Upper Manhattan submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.

Upper Manhattan Listing Supply

In the last 90 days, 1885 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Upper Manhattan 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this area are around 5 floors. Most buildings in this region were built in 1920 and are Class A.

Upper Manhattan Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Upper Manhattan occupants. 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 Upper Manhattan.
Research