Tudor City Retail

Tudor City

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$86
Median Size (sqft)
6,160
As of: February 19, 2017

Tudor City Rates

On average, listings lease in the $80's per square foot per year. The Tudor City region is seeing a an increase in rates. In the last 3 months, the median rate increased $86 per sqft per year.

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

Tudor City Listing Supply

In the last 90 days, 5 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 6,160 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 18 stories. Most buildings in this market were built in 1957 and are Class A.

Tudor City 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 public transit is the most popular way to get to work amongst Tudor City residents. Commuting between 30 and 45 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 Tudor City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Tudor City.
Research