Downtown Manhattan Commercial Real Estate

Need Help Finding Space?
Douglas Elliman Commercial
I represent tenants and can
help you go see this space.
117 E 7th St - Unit 1 East Village, New York City, NY  
Aug 30
500
sqft
Office Retail
18 Delancey St - Floor 1 Bowery, New York City, NY  
Aug 25
1,500
sqft
Office
632 Broadway - Space NoHo, New York City, NY  
Aug 09
300
sqft
Sublease Office
36 Laight St - Unit 1A (Floor 1) Hudson Square, New York City, NY  
Sep 08
1,400
sqft
Office
138 Mulberry St - Floor 5 Downtown, New York City, NY  
Aug 02
1,200
sqft
Live/Work Office
88 Leonard St - Floor 1 Tribeca, New York City, NY  
Jul 21
1,200
sqft
Sublease Office Medical Retail
31 W 8th St - Floor 2 Hudson Square, New York City, NY  
Aug 09
1,300
sqft
Sublease Office
42 Broadway - Unit 8 (Floor 8) Financial District, New York City, NY  
Sep 04
10,000
sqft
Office
109 Madison St - Space Two Bridges, New York City, NY  
Sep 14
1,000
sqft
Office
28 Liberty St - Floor 6 Financial District, New York City, NY  
Jul 18
34,120
sqft
Office
542 Broadway - Space SoHo, New York City, NY  
Sep 10
500
sqft
Office
345 Hudson St - Floor 13 SoHo, New York City, NY HVAC
Sep 11
13,680
sqft
Office
90 Rivington St - Floor 1 Lower East Side, New York City, NY  
Aug 12
460
sqft
Retail Restaurant
34 Avenue A - Space East Village, New York City, NY  
Jul 28
2,100
sqft
Mixed Use Office Medical Other
200 Centre St - Floor 2 Little Italy, New York City, NY  
Aug 28
3,000
sqft
Office
30 Wall St - Floor 3 Financial District, New York City, NY  
Sep 06
1,000
sqft
Sublease Office
401 Broadway - 2 Spaces Tribeca, New York City, NY  
Sep 20
1,330 - 2,690
sqft
Office
208 Bowery - Unit 2 (Floor 2) NoLita, New York City, NY  
Sep 20
1,500
sqft
Office
21 Franklin St - 2 Spaces Civic Center, New York City, NY  
Sep 20
1,870 - 7,790
sqft
Retail
163 Ludlow St - 2 Spaces Chinatown, New York, NY eight foot ceiling height
Sep 20
1,150 - 1,220
sqft
Retail
394 Broadway - Floor 1 Civic Center, New York City, NY  
Sep 19
6,000
sqft
Office
253 Bleecker St - Floor 1 West Village, New York City, NY  
Sep 19
620
sqft
Retail
853 Broadway - Floor 9 Greenwich Village, New York City, NY  
Sep 19
700
sqft
Live/Work Office
853 Broadway - Unit 901 (Floor 9) Greenwich Village, New York City, NY  
Sep 19
720
sqft
Sublease Office
625 Broadway - Floor 8 Greenwich Village, New York City, NY  
Sep 18
8,000
sqft
Sublease Office
381 Broadway - Floor 1 Tribeca, New York City, NY  
Sep 18
5,000
sqft
Office
14 Wall Street - 2 Spaces Financial District, New York City, NY  
Sep 18
300 - 660
sqft
Office
230 Varick St - 2 Spaces Downtown, New York City, NY  
Sep 18
1,710 - 15,000
sqft
Office
37 Lispenard St - 2 Spaces Tribeca, New York City, NY 15 foot ceiling height
Sep 18
1,980 - 2,430
sqft
Retail
443 Broadway - 2 Spaces Hudson Square, New York, NY Number Of Buildings.
Sep 18
6,830 - 8,050
sqft
Retail
One Seaport Plaza - Space Financial District, New York City, NY  
Sep 18
600
sqft
Office
150 Spring St - 2 Spaces Hudson Square, New York, NY Number Of Buildings.
Sep 18
1,290 - 1,360
sqft
Retail
401 Broadway - Unit 707 (Floor 7) Tribeca, New York City, NY  
Sep 13
950
sqft
Office
236 E 6th St - Unit LE (Floor Basement) East Village, New York City, NY  
Sep 12
750
sqft
Office Retail
54 Thompson St - Floor 3 Hudson Square, New York, NY  
Sep 12
200
sqft
Office
8 Catherine St - Unit 6 (Floor 6) Chinatown, New York City, NY  
Sep 12
3,400
sqft
Office
542 Broadway - 2 Spaces SoHo, New York City, NY  
Sep 10
300 - 400
sqft
Office
26 Broadway - Unit 933 (Floor 9) Financial District, New York City, NY pantry area
Sep 09
1,600
sqft
Sublease Office
12-16 Vestry St - Floor Penthouse Tribeca, New York City, NY  
Sep 08
8,500
sqft
Sublease Office
179 Franklin St - Unit 3/4 New York City, NY  
Sep 08
9,500
sqft
Office

Downtown Manhattan

Market Report

Number of Listings
Posted in the last 90 days
333
Median Rate ($/sqft/yr)
$70
Median Size (sqft)
3,590

Downtown Manhattan Rates

On average, listings lease in the $60's per square foot per year. The Downtown Manhattan region is experiencing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 4% increase in rent.

Compared to the rest of the New York City market, the Downtown Manhattan submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Downtown Manhattan Listing Supply

In the last 90 days, 7608 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the available space in the Downtown Manhattan 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.

Even though the median size is 3,600 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 6 stories. Most buildings in this area were built in 1913 and are Class A.

Downtown Manhattan Community

A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Manhattan occupants. 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 Downtown Manhattan.
Research