Downtown Manhattan Retail

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27 Cliff St - Space Financial District, New York City, NY  
Sep 21
5,610
sqft
Retail
21 Franklin St - 2 Spaces Civic Center, New York City, NY  
Sep 20
1,870 - 7,790
sqft
Retail
163 Ludlow St - 2 Spaces Chinatown, New York, NY eight foot ceiling height
Sep 20
1,150 - 1,220
sqft
Retail
253 Bleecker St - Floor 1 West Village, New York City, NY  
Sep 19
620
sqft
Retail
37 Lispenard St - 2 Spaces Tribeca, New York City, NY 15 foot ceiling height
Sep 18
1,980 - 2,430
sqft
Retail
150 Spring St - 2 Spaces Hudson Square, New York, NY Number Of Buildings.
Sep 18
1,290 - 1,360
sqft
Retail
443 Broadway - 2 Spaces Hudson Square, New York, NY Number Of Buildings.
Sep 18
6,830 - 8,050
sqft
Retail
236 E 6th St - Unit LE (Floor Basement) East Village, New York City, NY  
Sep 12
750
sqft
Office Retail
120 Greenwich St - Space Battery Park City, New York City, NY  
Sep 07
5,600
sqft
Retail
117 E 7th St - Unit 1 East Village, New York City, NY  
Aug 30
500
sqft
Office Retail
378 6th Ave - 2 Spaces Greenwich Village, New York City, NY Close Public Transit.
Aug 30
3,390 - 3,810
sqft
Sublease Retail
52 E 14th St - Floor 1 Greenwich Village, New York City, NY Close Public Transit.
Aug 30
12,790
sqft
Sublease Retail
249 E 10th St - 2 Spaces East Village, New York City, NY Turnkey.
Aug 26
200 - 400
sqft
Retail
68 Prince St - 2 Spaces SoHo, New York City, NY Close Public Transit.
Aug 26
510 - 950
sqft
Retail
18 Delancey St - 2 Spaces Bowery, New York City, NY  
Aug 25
1,500
sqft
Retail
60 Orchard St - 4 Spaces Downtown, New York City, NY Elevators.
Aug 25
140 - 1,370
sqft
Retail
159 Chrystie St - 4 Spaces Bowery, New York City, NY  
Aug 25
1,000 - 3,000
sqft
Retail
145 Hudson St - Space Tribeca, New York City, NY  
Aug 19
700
sqft
Retail
79 Sullivan St - Floor 1 SoHo, New York City, NY  
Aug 16
650
sqft
Sublease Retail
710 Greenwich St - 2 Spaces West Village, New York City, NY High Ceilings.
Aug 12
2,500 - 5,500
sqft
Retail
90 Rivington St - Floor 1 Lower East Side, New York City, NY  
Aug 12
460
sqft
Retail Restaurant
1 Rivington St - Space NoLita, New York, NY  
Aug 03
3,700
sqft
Mixed Use Office Retail Other
500 Greenwich St - Space SoHo, New York City, NY  
Aug 02
1,500
sqft
Mixed Use Office Retail Other
183 Mulberry St - Space NoLita, New York City, NY  
Aug 02
480
sqft
Office Retail
1 Rivington St - Space NoLita, New York, NY  
Aug 02
1,700
sqft
Mixed Use Office Retail Restaurant
500 Greenwich St - Space SoHo, New York City, NY  
Aug 02
3,700
sqft
Office Retail
133 Chrystie St - Space Bowery, New York City, NY  
Jul 31
3,200
sqft
Mixed Use Office Retail Other
500 Greenwich St - Space SoHo, New York City, NY  
Jul 29
2,700
sqft
Mixed Use Office Retail Other
27 Prince St - Space NoLita, New York City, NY  
Jul 28
450
sqft
Mixed Use Retail Other Restaurant
290 Grand St - 2 Spaces Bowery, New York City, NY  
Jul 28
600 - 1,000
sqft
Mixed Use Office Retail Other
55 Broadway - Space Financial District, New York City, NY  
Jul 21
4,230
sqft
Retail
88 Leonard St - Floor 1 Tribeca, New York City, NY  
Jul 21
1,200
sqft
Sublease Office Medical Retail
494 Broadway - 2 Spaces SoHo, New York City, NY  
Jul 19
2,000 - 2,400
sqft
Retail

Downtown Manhattan

Market Report

Number of Listings
Posted in the last 90 days
323
Median Rate ($/sqft/yr)
$70
Median Size (sqft)
3,570

Downtown Manhattan Rates

On average, listings lease in the $60's per square foot per year. The Downtown Manhattan region is experiencing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 4% increase in rent.

Compared to the rest of the New York City market, the Downtown Manhattan submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Downtown Manhattan Listing Supply

In the last 90 days, 7608 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the available space in the Downtown Manhattan are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,600 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 6 stories. Most buildings in this area were built in 1913 and are Class A.

Downtown Manhattan Community

A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Manhattan occupants. Commuting close to an hour and a half 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 Downtown Manhattan.
Research