77 West 55th Street

New York, New York 10019 38 W 39th St. NY NY 10018

212-581-3003

24/7 Customer Support

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Unveiling the Secrets of Finding the Ideal Commercial Broker in Manhattan

  • Upon request
30 E 60th Street, Manhattan, NY, NY, Retail Best Restaurant space for lease

30 E 60th Street, NY, NY, Retail, Art Gallery space for lease, UES

  • Upon request
30 E 60th St, New York, NY 10022, USA

30 E 60th Street, NY NY, Retail,  Art Gallery space for lease UES The image is rendering to show how […]

  • 1700 - 3500 Sq Ft
  • Upon request
  • Retail Space, Gallery Space
Details

Upper East Side, Plaza District

6 months ago
  • $178 PSF $4,746 / month
319 West 47th St, Times Square, NYC, Retail/Office Space For Rent 320 SF

319 West 47th St, Times Square, NYC, Retail/Office Space For Rent 320 SF

  • $178 PSF $4,746 / month
319 W 47th St, New York, NY 10036, USA

319 West 47th St, Times Square, NYC, Retail/Office Space For Rent 320 SF   319 West 47th St, Times Square, […]

  • 320 Sq Ft
  • $178 PSF $4,746 / month
  • Office Space, Retail Space
Details

Time Square

7 months ago
  • Upon Request
Union Square West, NYC Office/Retail Space For Rent 7,100 SF

Union Square West, NYC Office/Retail Space For Rent 7,100 SF

  • Upon Request
Union Square W, New York, NY 10003, USA

Union Square West, NYC Office/Retail Space For Rent 7,100 SF   Union Square West, NYC Office/Retail Space For Rent 7,100 […]

  • 7100 Sq Ft
  • Upon Request
  • Office Space, Retail Space
Details

Union Square

7 months ago
  • $39 PSF $32,825 /month
Fifth Ave, Bryant Park, Fully Built Office Space For Sublease 10,100 SF

Fifth Ave, Bryant Park, Fully Built Office Space For Sublease 10,100 SF

  • $39 PSF $32,825 /month
5th Ave, New York, NY 10036, USA

Fifth Ave, Bryant Park, Fully Built Office Space For Sublease 10,100 SF   Fifth Ave, Bryant Park, Fully Built Office […]

  • 10100 Sq Ft
  • $39 PSF $32,825 /month
  • Office Space, Retail Space
Details

Bryant Park, Grand Central

7 months ago
  • Upon request
Columbus Ave, Upper West Side, Fully Built-Out Retail Space For Rent 1,050 SF

Columbus Ave, Upper West Side, Fully Built-Out Retail Space For Rent 1,050 SF

  • Upon request
Columbus Ave, New York, NY 10023, USA

Columbus Ave, Upper West Side, Fully Built-Out Retail Space For Rent 1,050 SF   Columbus Ave, Upper West Side, Fully […]

  • 1050 Sq Ft
  • Upon request
  • Retail Space
Details

Upper West Side

1 year ago
  • Upon request
E 69th St, Upper East Side,Retail Space For Lease 1,600 - 2,100 SF

E 69th St, Upper East Side, Retail Space For Lease 1,600 – 2,100 SF

  • Upon request
E 69th St, New York, NY 10021, USA

E 69th St, Upper East Side, Retail Space For Lease 1,600 – 2,100 SF   E 69th St, Upper East […]

  • 1600 - 2100 Sq Ft
  • Upon request
  • Retail Space
Details

Upper East Side

1 year ago
  • Upon request
E 69th St, Upper East Side, Retail Space For Rent 3,550 SF

E 69th St, Upper East Side, Retail Space For Rent 3,550 SF

  • Upon request
E 69th St, New York, NY 10021, USA

E 69th St, Upper East Side, Retail Space For Rent 3,550 SF   E 69th St, Upper East Side, Retail […]

  • 3550 Sq Ft
  • Upon request
  • Retail Space
Details

Upper East Side

1 year ago
  • Upon request
2nd Ave, Upper East Side, Fully Built-Out Retail/Restaurant Space For Lease 1,250 SF

2nd Ave, Upper East Side, Fully Built-Out Retail/Restaurant Space For Lease 1,250 SF

  • Upon request
2nd Ave, New York, NY 10028, USA

2nd Ave, Upper East Side, Fully Built-Out Retail/Restaurant Space For Lease 1,250 SF   2nd Ave, Upper East Side, Fully […]

  • 1250 Sq Ft
  • Upon request
  • Retail Space
Details

Upper East Side

1 year ago
  • Upon request
E 74th St, Upper East Side, Fully Built-Out Retail Space For Lease 3,300 SF

E 74th St, Upper East Side, Fully Built-Out Retail Space For Lease 3,300 SF

  • Upon request
E 74th St, New York, NY 10021, USA

E 74th St, Upper East Side, Fully Built-Out Retail Space For Lease 3,300 SF   E 74th St, Upper East […]

  • 3300 Sq Ft
  • Upon request
  • Retail Space
Details

Upper East Side

1 year ago

Unveiling the Secrets of Finding the Ideal Commercial Broker in Manhattan

The Role of a Commercial Broker in Manhattan

A commercial broker in Manhattan plays a crucial role in assisting businesses to find the perfect space for their operations. These professionals possess an in-depth knowledge of the Manhattan real estate market, allowing them to navigate the complexities and nuances of commercial property transactions with ease.

Understanding the Manhattan Real Estate Landscape

Manhattan is renowned for its vibrant and dynamic real estate market, characterized by high demand and soaring property prices. Navigating this competitive landscape can be a daunting task for businesses looking to secure a commercial space in the borough.

The Benefits of Working with a Commercial Broker

Working with a commercial broker in Manhattan provides businesses with access to a wealth of resources and expertise that can streamline the property search process. These professionals have established networks with landlords and property owners, giving their clients a competitive edge in securing prime commercial spaces.

How to Choose the Right Commercial Broker in Manhattan

When selecting a commercial broker in Manhattan, it is essential to consider factors such as experience, reputation, and track record. Look for a broker who has a proven record of successful transactions and a deep understanding of the Manhattan real estate market.

Final Thoughts

Finding the right commercial broker in Manhattan can make all the difference in securing the perfect space for your business. By leveraging the expertise and resources of a skilled broker, businesses can navigate the complexities of the Manhattan real estate market with confidence and ease.

Are you ready to take your business to new heights with the help of a seasoned commercial broker in Manhattan? Reach out to us today to discover how we can assist you in finding the ideal commercial space for your operations.

MANHATTAN OFFICE SPACE MARKET INFORMATION

  • INVENTORY SF 532 M,  Prior Period 531 M
  • UNDER CONSTRUCTION SF 6.5 M, Prior Period 7.1 M
  • VACANCY RATE 15.5%,  Prior Period 15,9% 
  • AVERAGE MARKET RENT/SF  $77, Prior Period $76.50
  • MARKET SALE PRICE/SF  $680, Prior Period $750 
  • MARKET CAP RATE  6.2%, Prior Period 5.8%

Availability

  • Vacant SF 82 M, Sublet SF 15 M
  • Availability Rate 15.5%, Available SF 84 M
  • Available average Asking Rent/SF $55
  • Occupancy Rate 85%, Percent Leased Rate 90%

Office Sales Past Year

  • Asking Price Per SF $635
  • Sale to Asking Price Differential -20%
  • Sales Volume $9 B
  • Properties Sold 195
  • Months to Sale 14
  • For Sale Listings 220
  • Total For Sale SF 5.1 M

Demand

  • 12 Months Net Absorp % of Inventory 0.5%
  • 12 Months Leased SF 41 M
  • Months on Market 15
  • Months to Lease 10
  • Months Vacant 10
  • 24 Months Lease Renewal Rate 47%
  • Population Growth 5 Years -6% 
nyc.manhattan2

866 Second Ave New York, NY 10017 – 2 Dag Hammarskjold Plaza – Class A Office/Medical space for rent, Near United Nations

  • $76 per SF
  • 6450 Sq Ft
  • $76 per SF
Featured

30 E 60th Street, NY, NY Office Medical space for lease 500-25000 sq ft

  • $60 per SF $2500 /month
  • 500 - 20,000 Sq Ft
  • $60 per SF $2500 /month
Featured

Lexington Ave, Grand Central Built and Furnished Office Space for Lease/Sublease 1,700 – 5,000 SF

  • Low price sublet
  • 1700 - 5000 Sq Ft
  • Low price sublet

30 E 60th Street, NY, NY, Retail, Art Gallery space for lease, UES

  • Upon request
  • 1700 - 3500 Sq Ft
  • Upon request

250 W 54th St, Columbus Circle, NYC Class B Office space for lease

  • Upon request
  • 1850 - 3000-10,000 Sq Ft
  • Upon request

Murray Hill, Fifth Ave, Built Office/Medical Space For Rent 8,100 SF

  • $48 PSF $32,400 /month
  • 8100 Sq Ft
  • $48 PSF $32,400 /month

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