West Village Industrial

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

West Village

Office Space Market Report

Number of Listings (last 90 days)
28
Median Rate ($/sqft/yr)
$73
Median Size (sqft)
5,850
As of: February 22, 2017

West Village Rates

On average, listings lease in the $70's per square foot per year. The West Village region is seeing a a rise in rates. In the last 3 months, the median rate increased $73 per sqft per year.

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

West Village Listing Supply

In the last 90 days, 28 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 4% of the listings in the West Village are subleases, so you will probably have to focus your search on direct office leases. 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 5,850 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 4 stories. Most buildings in this region were built in 1910 and are Class A.

West Village Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by car is the most popular way to get to work amongst West Village residents. 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 West Village.
Market Report

Market Data

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