Find Lenox Hill 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 Lenox Hill commercial real estate broker in Lenox Hill's Top Broker Directory. Learn about Lenox Hill commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.
Most commerial real estate listings for lease are in the $130's per square foot per year. The Lenox Hill region is seeing a an increase in rates. In the last 3 months, the median rate for lease increased $10 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the New York City commercial real estate market, the Lenox Hill submarket has higher rates for rent, and you may need to pay a premium to be in this hot submarket.
In the last 90 days, 556 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the commercial real estate listings in the Lenox Hill 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 posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 560 sqft. Most buildings in this area are approximately 6 stories. Most buildings in this market were built close to 1920 and are Class A.
A large portion of this market is residential, but there's plenty of office space. Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Lenox Hill folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Lenox Hill.
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