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Financial District Commercial Real Estate For Lease

Financial District

Market Report

Number of Listings For Lease
Posted in the last 90 days
139
Median Rate ($/sqft/yr)
$144
Median Size (sqft)
400

Financial District Commercial Real Estate

Find Financial District 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 Financial District commercial real estate broker in Financial District's Top Broker Directory. Learn about Financial District commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Financial District Rates

On average, commerial real estate listings lease in the $130's per square foot per year. The Financial District region is seeing a an increase in rates. In the last 3 months, the median rate for lease went up $65 per sqft per year. That's a 96% increase in rent.

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

Financial District Listing Supply

In the last 90 days, 3492 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 0% of the commercial real estate listings in the Financial District 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 on the market, so finding a space for a small business might be tough.

The standard size for office space in this area is around 480 sqft. Most properties in this region are around 22 floors. Most buildings in this area were built approximately 1928 and are Class A.

Financial District Community

Information is the dominant industry in this region. Most of the residents of Financial District work from home. Commuting approximately an hour 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 Financial District.
Research