Yorkville Sublease

Yorkville

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$86
Median Size (sqft)
2,170
As of: December 10, 2016

Yorkville Rates

On average, listings lease in the $80's per square foot per year. The Yorkville region is seeing a decline in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 12% decrease in rent.

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

Yorkville Listing Supply

In the last 90 days, 9 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the available space in the Yorkville 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,170 sqft. Most properties in this region are approximately 5 stories. Most buildings in this market were built in 1925 and are Class B.

Yorkville Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Yorkville occupants. Commuting approximately 10 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 Yorkville.
Market Report

Market Data

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