Alphabet City Office Space

Alphabet City

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$99
Median Size (sqft)
400
As of: December 10, 2016

Alphabet City Rates

On average, listings lease in the $90's per square foot per year. The Alphabet City submarket is going through a a rise in rates. In the last 3 months, the median rate rose $99 per sqft per year.

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

Alphabet City Listing Supply

In the last 90 days, 1 listings have been made available, which means new listings are probably 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 400 sqft. Most buildings in this region are close to 5 stories. Most buildings in this area were built in 1901 and are Class B.

Alphabet City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Alphabet City folk. 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 Alphabet City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Alphabet City.
Research