Midtown East Retail

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731 Lexington Ave - Space Midtown East, New York City, NY Number Of Buildings.
Sep 18
1,080
sqft
Office Retail
900 2nd Ave - Space Midtown East, New York City, NY  
Sep 14
1,400
sqft
Retail
323 E 58th St - 2 Spaces Midtown East, New York City, NY white box
Aug 12
2,000 - 3,000
sqft
Retail Restaurant
111 E 48th St - 5 Spaces Midtown East, New York City, NY  
Aug 02
1,070 - 1,830
sqft
Retail
818 Third Avenue - Space Midtown East, New York City, NY  
Jul 19
900
sqft
Retail
The Scribner Building - 7 Spaces Midtown East, New York City, NY 31 foot ceiling height
Jul 19
1,610 - 2,160
sqft
Office Retail
3 E 48th St - Floor 6 Midtown East, New York City, NY  
Jul 19
1,700
sqft
Retail Restaurant
3 E 48th St - 2 Spaces Midtown East, New York City, NY  
Jul 19
1,700
sqft
Retail Restaurant
3 E 48th St - 2 Spaces Midtown East, New York City, NY There are 2 bathrooms
Jul 19
1,700
sqft
Retail Restaurant
3 E 48th St - 2 Spaces Midtown East, New York City, NY  
Jul 19
1,610 - 2,160
sqft
Retail Restaurant
545 Madison Ave - 2 Spaces Midtown East, New York City, NY partial floor opportunity
Jul 19
5,500 - 7,280
sqft
Office Retail
24 West 57th Street - Unit 501 (Floor 5) Midtown East, New York City, NY  
Jun 15
840
sqft
Sublease Office Medical Retail Other

Midtown East

Market Report

Number of Listings
Posted in the last 90 days
56
Median Rate ($/sqft/yr)
$99
Median Size (sqft)
4,000

Midtown East Rates

The typical asking rate per listing is in the $100's per square foot per year. The Midtown East submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 1% rise in rent.

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

Midtown East Listing Supply

In the last 90 days, 8446 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the available space in the Midtown East are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,940 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 18 floors. Most buildings in this market were built in 1930 and are Class A.

Midtown East Community

Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Midtown East folk. 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 Midtown East.
Research