Little Italy Industrial

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

Little Italy

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$71
Median Size (sqft)
2,000
As of: March 13, 2017

Little Italy Rates

Most listings are in the $70's per square foot per year. The Little Italy region is going through a decline in rates. In the last 3 months, the median rate decreased $46 per sqft per year. That's a 39% decline in rent.

Compared to the rest of the New York City market, the Little Italy submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Little Italy Listing Supply

In the last 90 days, 1 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,000 sqft. Most buildings in this area are around 6 stories. Most buildings in this market were built in 1910 and are Class B.

Little Italy Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Little Italy residents. Commuting around 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 Little Italy.
Market Report

Market Data

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