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Lower East Side Commercial Real Estate For Lease

Lower East Side

Market Report

Number of Listings For Lease
Posted in the last 180 days
24
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
300

Lower East Side Commercial Real Estate

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

Lower East Side Rates

Most commerial real estate listings for lease are in the $60's per square foot per year. The Lower East Side region is experiencing a decrease in rates. In the last 3 months, the median rate for lease decreased $55 per sqft per year.

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

Lower East Side Listing Supply

In the last 180 days, 118 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. 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 450 sqft. Most buildings in this market are around 5 floors. Most buildings in this market were built close to 1920 and are Class .

Lower East Side Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the folk of Lower East Side work from home. Commuting around 15 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 Lower East Side.
Research