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989 Avenue of the Americas

Garment District, New York, NY
Total Size
92,000 sqft
Elevators
3
Zoning
Year Constructed
1920
Building Class

Features

Lobby Attendant
Freight Elevator

Current Availabilities

Dec 02
ago
Sublease Office
  • Max Size: 5,250 sqft
  • Min Size: 5,250 sqft

989 Avenue of the Americas

Turn-key Tech, short-term sublease opportunity. 5,250 SF available on the 16th floor and 5,250 SF available on the 18th floor. 

Features - Move-in condition - Fully furnished - 3-4 offices / conference room - Large bullpen to accommodate 40-50 people - Great views & light

Listing agent for this listing
Michael Joseph, Colliers International

Internet Providers for 989 Avenue of the Americas

Provider Technology Max Download Speed Max Upload Speed
Lightower Fiber
10 Gb/s
10 Gb/s
Level 3 Communications Fiber
10 Gb/s
10 Gb/s
Cablevision/Lightpath Fiber
10 Gb/s
10 Gb/s
RCN Cable
1 Gb/s
25 Mb/s
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s

The Neighborhood: Garment District

The typical asking rate per listing is in the $50's per square foot per year. The Garment District submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.

Compared to the rest of the New York City market, the Garment District region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Median Rate Median Size
Garment District $59
/sqft/yr
2,500
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,310
sqft

Median Rate over Time in Garment District