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West Village Commercial Real Estate For Lease

230 Varick St - 2 Spaces Downtown, New York City, NY  
Sep 18
1,710 - 15,000
sqft
Office

West Village

Market Report

Number of Listings For Lease
Posted in the last 90 days
35
Median Rate ($/sqft/yr)
$92
Median Size (sqft)
340

West Village Commercial Real Estate

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

West Village Rates

On average, commerial real estate listings lease in the $90's per square foot per year. The West Village region is experiencing a an increase in rates. In the last 3 months, the median rate for lease went up $4 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the New York City commercial real estate market, the West Village submarket has higher rates for rent, and you may have to negotiate above asking rent to be in this hot submarket.

West Village Listing Supply

In the last 90 days, 445 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate space in the West Village 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 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 340 sqft. Most properties in this market are close to 4 stories. Most buildings in this region were built close to 1910 and are Class .

West Village Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by car is the most popular way to get to work amongst West Village occupants. Commuting approximately an hour 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 West Village.
Research