Find Central Harlem commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Central Harlem commercial real estate broker in Central Harlem's Top Broker Directory. Learn about Central Harlem commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.
On average, commerial real estate listings lease in the $80's per square foot per year. The Central Harlem submarket is experiencing a a rise in rates. In the last 3 months, the median rate for lease rose $21 per sqft per year. That's a 36% increase in rent.
Compared to the rest of the New York City commercial real estate market, the Central Harlem submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 180 days, 172 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate leases in the Central Harlem are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 size for office space in this area is around 310 sqft. Most buildings in this market are close to 5 floors. Most buildings in this region were built around 1910 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Central Harlem occupants. Commuting approximately 10 minutes 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 Central Harlem.
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