Garment District Retail

Garment District

Office Space Market Report

Number of Listings (last 90 days)
4
Median Size (sqft)
2,100
As of: May 22, 2017

Garment District Rates

Most listings are in the $0's per square foot per year. The Garment District submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $22 per sqft per year. That's a 100% decrease in rent.

Garment District Listing Supply

In the last 90 days, 4 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,100 sqft. Most buildings in this area are around 3 floors. Most buildings in this market were built in 1921 and are Class B.

Garment District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Garment District folk. Commuting around 15 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