Kips Bay Retail

Kips Bay

Office Space Market Report

Number of Listings (last 90 days)
43
Median Rate ($/sqft/yr)
$75
Median Size (sqft)
2,010
As of: May 18, 2017

Kips Bay Rates

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

Kips Bay Listing Supply

In the last 90 days, 43 listings have been listed, so you'll want to check back regularly for new listings. About 14% of the office spaces in the Kips Bay are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,010 sqft. Most properties in this area are around 8 floors. Most buildings in this market were built in 1920 and are Class A.

Kips Bay Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Kips Bay occupants. Commuting close to 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 Kips Bay.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Kips Bay.
Research