Flatiron District Commercial Real Estate For Lease

156 5th Ave - 3 Spaces Flatiron District, New York City, NY  
Nov 22
6,000 - 16,500
sqft
Office Retail

Flatiron District

Market Report

Number of Listings For Lease
Posted in the last 90 days
58
Median Rate ($/sqft/yr)
$105
Median Size (sqft)
500

Flatiron District Commercial Real Estate

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

Flatiron District Rates

Most commerial real estate listings for lease are in the $100's per square foot per year. The Flatiron District region is experiencing a a boost in rates. In the last 3 months, the median rate for lease increased $22 per sqft per year. That's a 27% increase in rent.

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

Flatiron District Listing Supply

In the last 90 days, 847 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate space in the Flatiron 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 posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 5,500 sqft. Most properties in this region are approximately 9 floors. Most buildings in this market were built around 1910 and are Class .

Flatiron District Community

Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Flatiron District residents. 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 Flatiron District.
Research