Harlem Retail

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1651 Lexington Ave - Unit Ground (Floor 1) Harlem, New York City, NY  
Sep 25
770
sqft
Sublease Retail
286 Lenox Ave - Floor Basement Harlem, New York City, NY Close Public Transit.
Sep 20
2,660
sqft
Retail Restaurant
172 W 124th St - Space Harlem, New York City, NY HVAC
Sep 19
450
sqft
Retail
2280 Frederick Douglass Blvd - Space Harlem, New York City, NY 13 foot ceiling height
Sep 19
6,500
sqft
Retail Restaurant
2079 7th Ave - Space Harlem, New York City, NY glass store front
Sep 19
780
sqft
Retail
2021 Lexington Ave - Space Harlem, New York City, NY  
Sep 19
400
sqft
Retail
362 W 125th St - 3 Spaces Harlem, New York City, NY 14'2'' ceiling height
Aug 30
10,000 - 11,300
sqft
Retail
2308 7th Ave - Floor 1 Harlem, New York City, NY  
Aug 26
1,220
sqft
Retail
2487 7th Ave - Floor 1 Harlem, New York City, NY  
Aug 26
430
sqft
Retail
2232 7th Ave - Floor 1 Harlem, New York City, NY  
Aug 26
750
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
167 Lenox Ave - Floor 1 Harlem, New York City, NY  
May 12
840
sqft
Retail Restaurant

Harlem

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$74
Median Size (sqft)
2,500

Harlem Rates

On average, listings lease in the $70's per square foot per year. The Harlem region is seeing a decrease in rates. In the last 3 months, the median rate decreased $28 per sqft per year. That's a 27% decline in rent.

Compared to the rest of the New York City market, the Harlem submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Harlem Listing Supply

In the last 90 days, 549 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Harlem 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.

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

Harlem Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Most of the occupants of Harlem work from home. Commuting close to 20 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 Harlem.
Research