Financial District Industrial

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

Financial District

Office Space Market Report

Number of Listings (last 90 days)
283
Median Rate ($/sqft/yr)
$65
Median Size (sqft)
5,090
As of: January 19, 2017

Financial District Rates

Most listings are in the $60's per square foot per year. The Financial District submarket is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% increase in rent.

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

Financial District Listing Supply

In the last 90 days, 258 listings have come on the market, so you'll want to check back regularly for new listings. About 16% of the available space in the Financial District 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.

Even though the median size is 5,420 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 22 stories. Most buildings in this region were built in 1928 and are Class A.

Financial District Community

Information is the dominant industry in this area. Most of the occupants of Financial District work from home. Commuting approximately an hour 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 Financial District.
Market Report

Market Data

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