38 West 39th Street

New York, NY 10018

212-581-3003

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Commercial properties acquisition in NYC

  • Upon request
Office Condo for sale

UN Plaza Class A Office Condo for sale 15000-30000 sq ft

  • Upon request
United Nations Plaza, New York, NY, USA

  UN Plaza Class A Office Condo for sale 15000-30000 sq ft    Commercial condominiums at United Nations Plaza provides […]

  • 15000 - 30,000 Sq Ft
  • Upon request
  • Investment Properties, Office Space
Details

United Nations

6 months ago
  • $7,600,000
Downtown Manhattan Office Space

West 50s Street, New York, NY, Between Fifth and Sixth Avenues $7,600,000

  • $7,600,000
257 W 55th St, New York, NY 10019, USA

West 50s Street, New York, NY, Between Fifth and Sixth Avenues $7,600,000 13,725 sf, Mixed-Use Building, Live Plus Income Building […]

  • 13725 sf
  • $7,600,000
  • Investment Properties
Details

Sixth Avenue

8 months ago
  • $6,900,000
Downtown Manhattan Office Space

Lexington Avenue, New York, NY, Commercial Building for sale

  • $6,900,000
Lexington Ave, New York, NY, USA

12,274 sf,   A 39.58` wide, 5 story, approximately 12,274 sq. ft. commercial building with a manual elevator. Built in […]

  • 12274 sf
  • $6,900,000
  • Investment Properties
Details

Lexington Ave

8 months ago
  • $7,000,000
Office Space Manhattan NYC

East 40s Street, New York, NY, Third Avenue, for sale

  • $7,000,000
4 E 46th St, New York, NY 10017, USA

East 40s Street, New York, NY, Third Avenue, for sale 10,000 sf,   Mixed-Use User, Investor, Developer Building. A 30f […]

  • Investment Properties
Details

Midtown Manhattan

8 months ago

Commercial properties acquisition in NYC

RI Manhattan Realty is ready to provide its clients with all services related to acquisition of the best commercial properties in New York. And for the brokers working in RI Manhattan Realty the best property is the one which works best for the customers. That is why we always start our work with understanding the needs of the client, since they are the key to successful commercial property acquisition.

Commercial properties condo for sale

When dealing with commercial properties acquisitions RI Manhattan Realty first of all works with people. With a wide network of contacts among property owners the company’s brokers negotiate with those who provide the best offers  on the market to find those among them whose offers match the best with our clients in terms of price, quality or whatever is important to our client.

Commercial properties acquisition in NYC 

Commercial properties for sale are big operations and require a considerable number of checks, research and inspections of the commercial property objects. RI Manhattan Realty professionally handles all of these operations thus letting our customers concentrate on their businesses and choose from thoroughly selected commercial property offerings.

RI Manhattan Realty works with all kind of clients and values all of them – from local customers to transnational companies, groups and chains. Client-centric approach is at the core of the company’s attitude and thus client’s success is at the same time company’s success.

RI Manhattan Realty has a rich experience working with various requirements to commercial properties as well as profound knowledge of regulations (both local and federal) pertaining commercial properties.

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MANHATTAN OFFICE SPACE MARKET INFORMATION

INVENTORY SF 376 M +1.0% Prior Period 373 M
UNDER CONSTRUCTION SF10.2 M -10.3%Prior Period 11.4 M
VACANCY RATE11.7% +1.0%Prior Period 10.7%
AVERAGE MARKET RENT/SF$76.15 +1.2%Prior Period $75.25
MARKET SALE PRICE/SF$904 +2.9%Prior Period $878
MARKET CAP RATE4.3% Prior Period 4.3%

Availability
Vacant SF 40.7 M Sublet SF 11.8 M
Availability Rate 18.3% Available SF 65.8 M
Available average Asking Rent/SF $60.04
Occupancy Rate 88.3% Percent Leased Rate 91.5%
Office Sales Past Year
Asking Price Per SF $701
Sale to Asking Price Differential -1.4%
Sales Volume $7.5 B
Properties Sold 104
Months to Sale 11.0
For Sale Listings 142
Total For Sale SF 1.3 M

Demand
12 Months Net Absorp % of Inventory -0.1%
12 Months Leased SF 32 M
Months on Market 8.2
Months to Lease 12.1
Months Vacant 11.0
24 Months Lease Renewal Rate 35.1%
Population Growth 5 Years 3.0%

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

  • 300 - 20,000 Sq Ft
  • $70 per SF
  • Medical Office Space, Office Space
Featured

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

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

18 W 33rd St, Herald Square, NY Office Medical space for lease or sale 1400-2800 square feet

  • 2800 Sq Ft
  • Upon request
  • Medical Office Space, Office Space

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

  • 1560 Sq Ft
  • Upon request
  • Gallery Space, Retail Space

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

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

14 E 55th Street, Plaza District, NY, Medical office space for lease 2,000 + 2,000 sf

  • 2000 Sq Ft
  • Negotiable
  • Office Space, Showroom Space

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