Harlem Commercial Real Estate For Lease

4 E 107th St - 4 Spaces Harlem, New York City, NY dental office
Oct 20
1,000 - 2,510
sqft
Medical Retail
1651 Lexington Ave - Unit 1 (Floor 1) Harlem, New York City, NY  
Jun 15
770
sqft
Sublease Office Medical Retail Mixed Use

Harlem

Market Report

Number of Listings For Lease
Posted in the last 90 days
40
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
460

Harlem Commercial Real Estate

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

Harlem Rates

Most commerial real estate listings for lease are in the $50's per square foot per year. The Harlem submarket is seeing a decrease in rates. In the last 3 months, the median rate for lease fell $19 per sqft per year.

Compared to the rest of the New York City commercial real estate market, the Harlem region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Harlem Listing Supply

In the last 90 days, 549 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate leases in the Harlem are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,000 sqft. Most buildings in this region are close to 5 stories. Most buildings in this region were built close to 1920 and are Class .

Harlem Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Most of the residents of Harlem work from home. Commuting approximately 20 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 Harlem.
Research