Find Upper 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 Upper East Side commercial real estate broker in Upper East Side's Top Broker Directory. Learn about Upper East Side 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 Upper East Side region is experiencing a a boost in rates. In the last 3 months, the median rate for lease rose $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 Upper East Side region has more expensive rates for rent, and you may need to make a great offer to be in this hot region.
In the last 90 days, 889 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate leases in the Upper East Side 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 available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,810 sqft. Most buildings in this market are approximately 5 floors. Most buildings in this region were built close to 1920 and are Class .
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Most of the folk of Upper East Side work from home. 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 Upper East Side.
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