Garment District Office Space

Garment District

Office Space Market Report

Number of Listings (last 90 days)
482
Median Rate ($/sqft/yr)
$59
Median Size (sqft)
2,300
As of: March 12, 2017

Garment District Rates

Compared to the rest of the New York City market, the Garment District region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Garment District Listing Supply

In the last 90 days, 482 listings have been posted online, so you'll want to check back regularly for new listings. About 9% of the listings in the Garment District are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,300 sqft. Most buildings in this market are close to 14 stories. Most buildings in this market were built in 1924 and are Class B.

Garment District Community

Finance and insurance are the dominant industries in this area. Commute by taxi is the most popular way to get to work amongst Garment District folk. Commuting between 20 and 25 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 Garment District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Garment District.
Research