77 West 55th Street

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

212-581-3003

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The Versatility of Commercial Brokers in Manhattan

Featured
  • $76 per SF
866 Second Ave New York, NY

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

  • $76 per SF
866 2nd Avenue, New York, NY, USA

866 Second Ave New York, NY 10017   866 Second Ave New York, NY 10017 Cross Street:  East 47th St.  […]

  • 6450 Sq Ft
  • $76 per SF
  • Medical Office Space, Office Space, Showroom Space
Details

United Nations, Midtown Manhattan

4 months ago
Featured
  • $60 per SF $2500 /month
30 E 60th Street, NY, NY Office Medical space for lease 500-25000 sq ft

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

  • $60 per SF $2500 /month
30 E 60th St, New York, NY 10022, USA

30 E 60th Street, NY, NY Office Medical space for lease 500-25000 sq. ft.
$60-70 per Sq. Ft. Office or Medical space for lease 800 -1500 – 2500 – 4500-7800 10,000 sf plus

 We will accommodate any size 800-25,000 sf.

  • 500 - 20,000 Sq Ft
  • $60 per SF $2500 /month
  • Medical Office Space, Office Space
Details

Upper East Side, Plaza District

4 months ago

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

  • Low price sublet
Lexington Ave, New York, NY 10017, USA

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

  • 1700 - 5000 Sq Ft
  • Low price sublet
  • Office Space
Details

Grand Central, Lexington Ave

6 months ago
  • 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
  • Upon request
250 W 54th St. 4

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

  • Upon request
250 W 54th St, New York, NY 10019, USA

250 W 54th St, Columbus Circle, NYC Class B Office space for lease.  Very affordable rent prices ! 7th floor […]

  • 1850 - 3000-10,000 Sq Ft
  • Upon request
  • Office Space, Medical Office Space
Details

Columbus Circle, Midtown Manhattan

6 months ago
  • $48 PSF $32,400 /month
Murray Hill, Fifth Ave, Built Office/Medical Space For Rent 8,100 SF

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

  • $48 PSF $32,400 /month
5th Ave, New York, NY 10016, USA

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

  • 8100 Sq Ft
  • $48 PSF $32,400 /month
  • Medical Office Space, Office Space
Details

Murray Hill, 5th Avenue

7 months ago

Penn Station, NY, Class A Office space 5,000 -10,000 sq ft. for sublease

W 33rd St, New York, NY 10001, USA

Penn Station, NY, Class A Office space 5,000 -10,000 sq ft. for lease- sublease   High Floors 5,000 – 10,000 […]

  • 5000 - 10,000 Sq Ft
  • Office Space
Details

Hudson Square, Penn Station, Midtown Manhattan

7 months ago
  • Upon request
750 Lexington Ave NYC, Class A Office space for rent 2300-5000 SF in UES

750 Lexington Ave NYC, Class A Office space for rent 2300-5000 SF in UES

  • Upon request
750 Lexington Ave, New York, NY 10022, USA

750 Lexington Ave NYC, Class A Office space for rent 2300-5000 SF in UES   750 Lexington Ave NYC, Class […]

  • 2300 - 5000 Sq Ft
  • Upon request
  • Office Space
Details

Upper East Side, Lexington Ave, Midtown Manhattan

7 months ago

405 Lexington Ave Chrysler Building Class A Office for sublease, Grand Central Station

  • Upon request
405 Lexington Ave, New York, NY 10174, USA

405 Lexington Ave Chrysler Building Class A Office for sublease/lease, Grand Central  Station   High floors – 3,200 – 7,500 […]

  • 3200 - 7,500 Sq Ft
  • Upon request
  • Office Space
Details

Grand Central, Midtown Manhattan

7 months ago

The Versatility of Commercial Brokers in Manhattan

Commercial Brokers in Manhattan  –  In the bustling real estate market of Manhattan, commercial brokers play a pivotal role in facilitating transactions and guiding clients through the complexities of leasing or purchasing commercial properties. Using its iconic skyline and prestigious addresses, Manhattan is a magnet for businesses seeking prime locations to determine their presence. Commercial brokers in Manhattan are highly specialized professionals equipped with comprehensive familiarity with the neighborhood market trends, zoning regulations, and the diverse needs of businesses across various industries.

Among the primary responsibilities of commercial brokers in Manhattan is to match tenants or buyers with suitable properties that align with their specific requirements. Whether it’s office space in Midtown or retail space in SoHo, these brokers leverage their extensive networks and market expertise to identify opportunities that meet their clients’ spatial and budgetary needs. Additionally, they often act as intermediaries, negotiating lease terms, purchase prices, and other contractual agreements on behalf of their clients to make sure favorable Bryant park office space.

Furthermore, commercial brokers in Manhattan serve as invaluable advisors, providing insights into market dynamics, investment opportunities, and potential risks associated with different properties. Their in-depth knowledge of market trends, property values, and emerging neighborhoods allows them to offer informed guidance to clients seeking to make strategic real-estate decisions. Whether it’s a multinational corporation expanding its footprint or even a startup trying to find its first office space, these brokers offer personalized assistance tailored to each client’s unique goals and preferences.

Moreover, Manhattan’s commercial brokers possess a keen eye for identifying value and potential in properties, whether it’s recognizing the development potential of underutilized spaces or anticipating shifts in demand that can affect property values. Their capability to forecast market trends and anticipate future developments enables them to supply clients with forward-thinking strategies that maximize returns on the real-estate investments. Additionally, they stay abreast of regulatory changes and economic indicators which could impact the commercial real estate landscape, ensuring that their clients remain well-informed and willing to adapt to evolving market conditions.

Along with their expertise in property transactions, commercial brokers in Manhattan often offer a selection of ancillary services to aid their clients throughout the leasing or purchasing process. This might include conducting market research, performing feasibility studies, coordinating property inspections, and liaising with legal and financial professionals to streamline the transaction process. By giving comprehensive support and guidance at every stage of the true estate transaction, these brokers make an effort to minimize the stress and uncertainty often connected with commercial property transactions.

Furthermore, Manhattan’s commercial brokers play a vital role in fostering relationships between landlords and tenants, helping to cultivate a symbiotic ecosystem where both parties can thrive. By facilitating mutually beneficial lease agreements and fostering open communication between landlords and tenants, these brokers donate to the stability and vitality of Manhattan’s commercial property market. Their power to bridge the gap between landlords and tenants, negotiate fair terms, and resolve conflicts diplomatically is instrumental in maintaining a harmonious and prosperous business environment.

Moreover, commercial brokers in Manhattan are in the forefront of innovation, leveraging technology and data analytics to gain a competitive edge in the market. From utilizing sophisticated CRM systems to track client preferences and market trends to harnessing data-driven insights to share with pricing strategies and investment decisions, these brokers embrace technological advancements to boost their service offerings and deliver greater value with their clients. By harnessing the ability of data and technology, they have the ability to provide more accurate market assessments, identify untapped opportunities, and streamline the transaction process due to their clients.

In summary, commercial brokers in Manhattan play a multifaceted role in driving the success and vibrancy of the borough’s commercial real-estate market. Armed with specialized knowledge, extensive networks, and a commitment to excellence, these brokers serve as trusted advisors and strategic partners to businesses seeking to navigate the complexities of the Manhattan real estate landscape. Whether it’s securing prime office space in one’s heart of the city or negotiating favorable lease terms for retail storefronts, commercial brokers in Manhattan are indispensable allies for businesses trying to thrive in one of many world’s most dynamic and competitive real estate markets.

Careers-Commercial Real Estate Agents Wanted

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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