West Village Office Space

West Village

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$52
Median Size (sqft)
2,040
As of: August 20, 2017

West Village Rates

Most listings are in the $50's per square foot per year. The West Village region is seeing a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 14% decrease in rent.

West Village Listing Supply

In the last 90 days, 1 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 300% of the available space in the West Village 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,040 sqft. Most properties in this area are approximately 3 floors. Most buildings in this area were built in 1917 and are Class B.

West Village Community

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

Market Data

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