Mott Haven Office Space

Mott Haven

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
5,310
As of: February 24, 2017

Mott Haven Rates

On average, listings lease in the $10's per square foot per year. The Mott Haven region is going through a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 31% decline in rent.

Compared to the rest of the New York City market, the Mott Haven submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Mott Haven Listing Supply

In the last 90 days, 4 listings have been listed, which means spaces 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.

Even though the median size is 5,310 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 4 stories. Most buildings in this market were built in 1931 and are Class A.

Mott Haven Community

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

Market Data

Real time and historical data on commercial real estate listings in Mott Haven.
Research