Alphabet City Industrial

We couldn't find any industrial spaces for Lease and Sublease

Alphabet City

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$65
Median Size (sqft)
2,500
As of: June 27, 2017

Alphabet City Rates

On average, listings lease in the $60's per square foot per year. The Alphabet City region is going through a a rise in rates. In the last 3 months, the median rate went up $65 per sqft per year.

Compared to the rest of the New York City market, the Alphabet City region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Alphabet City Listing Supply

In the last 90 days, 0 listings have been listed, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About Inf% of the available leases in the Alphabet City 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most properties in this area are approximately 5 stories. Most buildings in this region were built in 1904 and are Class B.

Alphabet City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Alphabet City occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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