Bowery Industrial

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

Bowery

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$85
Median Size (sqft)
3,000
As of: December 4, 2016

Bowery Rates

The typical asking rate per listing is in the $80's per square foot per year. The Bowery submarket is going through a a boost in rates. In the last 3 months, the median rate increased $85 per sqft per year. That's a Inf% increase in rent.

Compared to the rest of the New York City market, the Bowery submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Bowery Listing Supply

In the last 90 days, 11 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 9% of the listings in the Bowery 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 5 stories. Most buildings in this market were built in 1910 and are Class C.

Bowery Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Most of the residents of Bowery 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.

Market Report

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

Market Data

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