Midtown Manhattan Retail

Midtown Manhattan

Office Space Market Report

Number of Listings (last 90 days)
2,356
Median Rate ($/sqft/yr)
$69
Median Size (sqft)
3,000
As of: March 11, 2017

Midtown Manhattan Rates

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

Midtown Manhattan Listing Supply

In the last 90 days, 2356 listings have been made available, so you'll want to check back regularly for new listings. About 12% of the listings in the Midtown Manhattan 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 12 floors. Most buildings in this market were built in 1921 and are Class A.

Midtown Manhattan Community

This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Midtown Manhattan 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 Midtown Manhattan.
Market Report

Market Data

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