Industrial in Manhattan

Manhattan

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
1,270
As of: June 21, 2017

Manhattan Rates

On average, listings lease in the $30's per square foot per year. The Manhattan region is going through a an increase in rates. In the last 3 months, the median rate rose $38 per sqft per year.

Manhattan Listing Supply

In the last 90 days, 10 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 50% of the available space in the Manhattan are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,270 sqft. Most properties in this region are approximately 1 floors. Most buildings in this region were built in 1984 and are Class A.

Manhattan Community

Market Report

Trends and status of the commercial real estate market in Manhattan.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Manhattan.
Research

Manhattan Submarkets