Midtown Manhattan Retail Space For Lease

144 E 44th St - 5 Spaces Midtown East, New York City, NY  
Nov 20
270 - 1,420
sqft
Mixed Use Office Retail Medical

Midtown Manhattan

Market Report

Number of Listings For Lease
Posted in the last 90 days
1051
Median Rate ($/sqft/yr)
$86
Median Size (sqft)
500

Midtown Manhattan Commercial Real Estate

Find Midtown Manhattan commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Midtown Manhattan commercial real estate broker in Midtown Manhattan's Top Broker Directory. Learn about Midtown Manhattan commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Midtown Manhattan Rates

Most commerial real estate listings for lease are in the $80's per square foot per year. The Midtown Manhattan submarket is seeing a a rise in rates. In the last 3 months, the median rate for lease increased $9 per sqft per year. That's a 12% increase in rent.

Compared to the rest of the New York City commercial real estate market, the Midtown Manhattan region has greater rates for rent, and you may have to negotiate above asking rent to be in this hot region.

Midtown Manhattan Listing Supply

In the last 90 days, 21803 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate space in the Midtown Manhattan 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 size for office space in this area is around 3,560 sqft. Most buildings in this area are close to 12 floors. Most buildings in this market were built around 1920 and are Class .

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 occupants. Commuting approximately 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