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Upper East Side Commercial Real Estate

30 E 60th St - 2 Spaces Upper East Side, New York City, NY  
Dec 15
3,100 - 4,800
sqft
Sublease Office Medical Retail
1308 2nd Ave - Entire Building Upper East Side, New York City, NY  
Dec 01
21,380
sqft
For Sale Mixed Use Office
1035 3rd Ave - 3 Spaces Upper East Side, New York City, NY  
Nov 02
540 - 11,440
sqft
Office Retail

Upper East Side

Market Report

Number of Listings
Posted in the last 90 days
112
Median Rate ($/sqft/yr)
$146
Median Size (sqft)
630

Upper East Side Commercial Real Estate

Find Upper East Side 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 Upper East Side commercial real estate broker in Upper East Side's Top Broker Directory. Learn about Upper East Side commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Upper East Side Rates

On average, commerial real estate listings lease in the $140's per square foot per year. The Upper East Side region is seeing a an increase in rates. In the last 3 months, the median rate for lease went up $11 per sqft per year. That's a 8% rise in rent.

Compared to the rest of the New York City commercial real estate market, the Upper East Side submarket has higher rates for rent, and you may need to make a great offer to be in this hot region.

Upper East Side Listing Supply

In the last 90 days, 889 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate leases in the Upper East Side are subleases, so you will probably have to focus your search on direct leases. 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 650 sqft. Most buildings in this area are approximately 5 stories. Most buildings in this region were built approximately 1920 and are Class .

Upper East Side Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the residents of Upper East Side work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Upper East Side.
Research