Rockefeller Center Retail

Rockefeller Center

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$119
Median Size (sqft)
3,280
As of: June 25, 2017

Rockefeller Center Rates

The typical asking rate per listing is in the $110's per square foot per year. The Rockefeller Center submarket is going through a a boost in rates. In the last 3 months, the median rate went up $119 per sqft per year.

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

Rockefeller Center Listing Supply

In the last 90 days, 14 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 107% of the available leases in the Rockefeller Center are subleases, so you might be able to find a shorter term or below market rent. 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 3,280 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 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 region. Most of the residents 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