East Harlem Retail

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1651 Lexington Ave - Unit Ground (Floor 1) Harlem, New York City, NY  
Sep 19
770
sqft
Sublease Retail
2021 Lexington Ave - Space Harlem, New York City, NY  
Sep 19
400
sqft
Retail
2269 First Avenue - Space Harlem, New York City, NY  
Aug 18
3,680
sqft
Retail
1999 1st Avenue - Space Harlem, New York City, NY  
Aug 12
4,410
sqft
Retail
2485 2nd Ave - 6 Spaces Harlem, New York City, NY ideal for studios, production
Aug 03
27,240 - 55,110
sqft
Industrial Retail
1999 1st Avenue - Space Harlem, New York City, NY High Ceilings.
Jul 18
1,600
sqft
Retail
210 E 122nd St - Unit Ground (Floor 1) Harlem, New York City, NY  
Jul 05
2,500
sqft
Office Retail
2021 1st Avenue - Space Harlem, New York City, NY Turnkey.
Jun 21
1,250
sqft
Sublease Medical Retail
1651 Lexington Ave - Unit 1 (Floor 1) Harlem, New York City, NY  
Jun 15
770
sqft
Sublease Mixed Use Office Medical Retail

East Harlem

Market Report

Number of Listings
Posted in the last 90 days
19
Median Rate ($/sqft/yr)
$74
Median Size (sqft)
2,500

East Harlem Rates

Most listings are in the $70's per square foot per year. The East Harlem submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $73 per sqft per year. That's a 50% decrease in rent.

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

East Harlem Listing Supply

In the last 90 days, 318 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the listings in the East 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most properties in this market are approximately 5 stories. Most buildings in this region were built in 1920 and are Class A.

East Harlem Community

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 area. Commute by bike is the most popular way to get to work amongst East Harlem occupants. 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 East Harlem.
Research