Find Gramercy Park commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Gramercy Park commercial real estate broker in Gramercy Park's Top Broker Directory. Learn about Gramercy Park commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.
On average, commerial real estate listings lease in the $90's per square foot per year. The Gramercy Park submarket is experiencing a a rise in rates. In the last 3 months, the median rate for lease rose $30 per sqft per year. That's a 49% rise in rent.
Compared to the rest of the New York City commercial real estate market, the Gramercy Park region has more expensive rates for rent, and you may have to negotiate above asking rent to be in this hot region.
In the last 90 days, 202 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 0% of the commercial real estate listings in the Gramercy Park are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 400 sqft. Most buildings in this region are around 6 stories. Most buildings in this area were built close to 1911 and are Class .
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Most of the occupants of Gramercy Park 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.
Real time and historical data on commercial real estate listings in Gramercy Park.
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