Downtown Manhattan Office Space

362 Broadway 4 Listings
Civic Center, New York City, NY
Tribeca’s stunning loft offices in 362 Broadway are available for immediate occupancy. Tribeca is rich in culture and history appealing to a local and global audience. As one of the most desired neighborhoods, Tribeca offers international acclaimed restaurants, galleries, museums, and riverside parks. With an abundance of technology, creative, film, photography, e-commerce, and interior design firms, you will be in great company to grow and expand your firm. The loft office has beautiful natural light pouring in from the large operable windows. The space is stunning with finished light hardwood floors, classic tin ceiling accent, exposed brick walls and track lighting. The layout is a mix of private offices and open areas. A full pantry with custom cabinetry and private restrooms are included within the office. With quintessential loft features, this office is a gorgeous working space with a bright atmosphere. The corner building is beautiful accented with roofline cornices and window frames. The building has an upgraded intercom system to give you 24 hour access and secure your business. Public transportation is a breeze with several subway lines within walking distance. This is an amazing opportunity to become part of the chic Tribeca neighborhood. Space Features: Tribeca Office Loft 3000SF to 7000SF Available Large Operable Windows Tons of Natural Light Exposed Brick Walls Open Loft Ceiling 10 Foot Ceiling Finished Hardwood Floors Full Pantry with Custom Cabinetry Private Bathrooms Finished with High-End Finishes & Fixtures Close Proximity to Trains on Broadway Immediate Occupancy & Move-In Ready Our dedication, focus, and 20 years of success in Manhattan provides us with a unique understanding of the New York market. Bill McCollum Senior Managing Director Tel: 212-268-8290 Cell: 347-316-6852 Email: wmccollum@primemanhattan.com

Downtown Manhattan

Office Space Market Report

Number of Listings (last 90 days)
474
Median Rate ($/sqft/yr)
$71
Median Size (sqft)
4,000
As of: December 7, 2016

Downtown Manhattan Rates

Most listings are in the $70's per square foot per year. The Downtown Manhattan submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 1% increase in rent.

Compared to the rest of the New York City market, the Downtown Manhattan submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Downtown Manhattan Listing Supply

In the last 90 days, 474 listings have come on the market, so you'll want to check back regularly for new listings. About 15% of the listings in the Downtown Manhattan are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 6 floors. Most buildings in this region were built in 1913 and are Class A.

Downtown Manhattan Community

A large portion of this market is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Manhattan residents. Commuting approximately an hour and a half 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 Downtown Manhattan.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Manhattan.
Research