Most listings are in the $150's per square foot per year. The Yorkville region is seeing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the New York City market, the Yorkville region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 74 listings have been listed, so you'll want to check back regularly for new listings. About 14% of the available space in the Yorkville are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,050 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 5 stories. Most buildings in this market were built in 1926 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Yorkville folk. Commuting approximately 10 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 Yorkville.
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