Midtown East Commercial Real Estate For Lease

57 W 57th St - Space Midtown East, New York City, NY  
Nov 20
1,900
sqft
Sublease Office Medical
144 E 44th St - 5 Spaces Midtown East, New York City, NY  
Nov 20
270 - 1,420
sqft
Mixed Use Office Retail Medical

Midtown East

Market Report

Number of Listings For Lease
Posted in the last 90 days
363
Median Rate ($/sqft/yr)
$99
Median Size (sqft)
500

Midtown East Commercial Real Estate

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

Midtown East Rates

Most commerial real estate listings for lease are in the $110's per square foot per year. The Midtown East submarket is seeing a a boost in rates. In the last 3 months, the median rate for lease went up $15 per sqft per year. That's a 16% increase in rent.

Compared to the rest of the New York City commercial real estate market, the Midtown East region has more expensive rates for rent, and you may need to make a great offer to be in this hot region.

Midtown East Listing Supply

In the last 90 days, 8446 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 space in the Midtown East are subleases, so you will probably have to focus your search on direct leases. 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 5,010 sqft. Most buildings in this market are approximately 18 floors. Most buildings in this market were built approximately 1930 and are Class A.

Midtown East Community

Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Midtown East occupants. 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 Midtown East.
Research