Midtown Manhattan Retail

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353 W 46th St - Unit 1 (Floor 1) Hell's Kitchen, New York City, NY  
Sep 21
3,060
sqft
Retail Other Restaurant
155 W 18th St - Floor 1 Chelsea, New York City, NY  
Sep 21
3,770
sqft
Retail
856 9th Ave - Unit Ground (Floor 1) Hell's Kitchen, New York City, NY  
Sep 19
1,200
sqft
Retail
731 Lexington Ave - Space Midtown East, New York City, NY Number Of Buildings.
Sep 18
1,080
sqft
Office Retail
798 Ninth Avenue - Space Hell's Kitchen, New York City, NY  
Sep 14
1,000
sqft
Retail
900 2nd Ave - Space Midtown East, New York City, NY  
Sep 14
1,400
sqft
Retail
45 E 20th St - Floor 10 Flatiron, New York, NY tenant controlled HVAC
Sep 14
5,000
sqft
Retail
152 W 25th St - Floor 1 Chelsea, New York City, NY plus basement
Sep 14
5,200
sqft
Retail
254 Park Ave S - 2 Spaces Flatiron District, New York City, NY Close Points Of Interest.
Aug 30
3,650 - 5,980
sqft
Sublease Retail
126 W 18th St - 2 Spaces Chelsea, New York City, NY 11 foot ceiling height
Aug 26
1,500 - 2,000
sqft
Retail
595 Madison Ave - Floor 2 Midtown East, New York City, NY 12 foot ceiling height
Aug 26
3,580
sqft
Sublease Retail
157 7th Ave - Unit 5 Chelsea, New York City, NY  
Aug 22
600
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 - 2 Spaces Midtown East, New York City, NY  
Aug 02
1,070 - 1,160
sqft
Retail

Midtown Manhattan

Market Report

Number of Listings
Posted in the last 90 days
936
Median Rate ($/sqft/yr)
$78
Median Size (sqft)
3,450

Midtown Manhattan Rates

Most listings are in the $70's per square foot per year. The Midtown Manhattan submarket is going through a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% increase in rent.

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

Midtown Manhattan Listing Supply

In the last 90 days, 21803 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the listings in the Midtown Manhattan are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,450 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 12 stories. Most buildings in this area were built in 1920 and are Class A.

Midtown Manhattan Community

Manufacturing is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Midtown Manhattan folk. 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 Midtown Manhattan.
Research