Lenox Hill Industrial

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

Lenox Hill

Office Space Market Report

Number of Listings (last 90 days)
43
Median Rate ($/sqft/yr)
$119
Median Size (sqft)
2,200
As of: July 23, 2017

Lenox Hill Rates

On average, listings lease in the $110's per square foot per year. The Lenox Hill submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $24 per sqft per year. That's a 25% rise in rent.

Compared to the rest of the New York City market, the Lenox Hill region has greater rates, and you'll need to pay a premium to be in this hot region.

Lenox Hill Listing Supply

In the last 90 days, 43 listings have been posted online, so you'll want to check back regularly for new listings. About 84% of the office spaces in the Lenox Hill are subleases, so you might be able to snag a great spot on a short term. 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 2,030 sqft. Most properties in this area are approximately 6 floors. Most buildings in this region were built in 1920 and are Class A.

Lenox Hill Community

A large portion of this area is residential, but there's plenty of office_space. Construction is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Lenox Hill 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 Lenox Hill.
Market Report

Market Data

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