Rockefeller Center Retail

Rockefeller Center

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$112
Median Size (sqft)
3,660
As of: May 21, 2017

Rockefeller Center Rates

Most listings are in the $110's per square foot per year. The Rockefeller Center submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $17 per sqft per year. That's a 18% rise in rent.

Compared to the rest of the New York City market, the Rockefeller Center submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Rockefeller Center Listing Supply

In the last 90 days, 14 listings have come on the market, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 43% of the available space in the Rockefeller Center are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,660 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 25 floors. Most buildings in this area were built in 1935 and are Class A.

Rockefeller Center Community

Public administration is the dominant industry in this market. Most of the folk of Rockefeller Center work from home. Commuting more than 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 Rockefeller Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Rockefeller Center.
Research