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Retail space for rent in Manhattan, NYC

  • 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
  • Gallery Space, Retail Space
Details

Plaza District, Upper East Side

1 month ago
  • Upon request
Broadway, Manhattan, NYC, 50s. Class A Building. Retail space for lease

Broadway, Manhattan, NYC, 50s. Class A Building. Retail space for lease

  • Upon request
Broadway, New York, NY 10019, USA

1,500 sf –  3,000 sf,   Ground floor, Retail space for lease or for sale. Possession arranged. Excellent  location.

  • 1500 - 3000 Sq Ft
  • Upon request
  • Retail Space
Details

Broadway, Columbus Circle

2 months ago
  • Upon request
West 20s, 10th Ave. Chelsea, Art Gallery District 3,000-10,000 sf for lease

West 20s, 10th Ave. Chelsea, Art Gallery District 3,000-10,000 sf for lease

  • Upon request
20 10th Ave, New York, NY 10014, USA

3,000 sf, 5,000 sf, 10,000 sf,   Ground and 2nd floor for Lease or sale, term 3-15 yrs, Vacant, Retail/Office/Art […]

  • 3000 - 10,000 Sq Ft
  • Upon request
  • Gallery Space, Retail Space, Showroom Space
Details

Chelsea

2 months ago
  • Upon request
Bedford Street, New York, NY, Restaurant Space for lease

Bedford Street, New York, NY, Restaurant Space for lease

  • Upon request
Bedford St, New York, NY 10014, USA

Restaurant Space for lease, Ground floor: 1000 – 2000 sq ft, plus Basement , Condition: Brand new renovation and construction, […]

  • 1000 sf
  • Upon request
  • Retail Space
Details

Downtown Manhattan, Greenwich Village

3 months ago
  • Upon request

Broadway, NY, NY, Canal St, Tribeca, Class C Office Building

  • Upon request
Broadway, New York, NY, USA

Broadway, NY, NY, Canal St, Tribeca, Class C Office Building 1,300 – 2,500 sf, 2nd and 3rd floors, Vacant, Office […]

  • 1300 - 2500 sf
  • Upon request
  • Commercial Loft Space, Retail Space
Details

Downtown Manhattan, Tribeca

3 months ago
  • Upon request
Retail space for rent in Manhattan, NYC

Madison Ave, New York, NY 10065, 60s retail space for rent UES

  • Upon request
Madison Ave, New York, NY, USA

Madison Ave, New York, NY  10065,  60s  retail space for rent UES 1,000 sf – 3,600 sf,   Ground floor, […]

  • Retail Space
Details

Madison Avenue, Upper East Side

3 months ago

Retail space for rent in Manhattan, NYC

Retail space for rent in Manhattan, NYC  –    New York City is probably the most emblematic city in the US, depicting in its development the saying of being the city of unlimited opportunities. Even inside the USA, New York City remains the most attractive, vibrant, influential and trend-setting city. Modern days have not changed the fact that “The Big Apple” continues to attract people from around the world – as an attractive place to work, attractive place to shop, study and network or experience travel & art. That all is reflected on the property market and it remains an attractive market for institutional and individual investors, trust managers and individuals looking to invest in retail space for lease or sale.

Retail space for rent in Manhattan, NYC

The new age of e-commerce is leaving its imprint on some cities, where traditional brick and mortar shops on main streets are forced to close due to the continuous rise of e-commerce, making their existence pointless. Before commencing your search for a New York City retail space to lease, you should have a clear answer on the following parameters:

• What am I selling and whom am I selling it to?
• Do my target group of customers need a physical space to make the purchase or use additional services?
• What will make me stand-out from my competitors’ located near-by?
• Is the location of the retail space a source of pedestrian traffic?
• Is my target group of customers part of the pedestrian traffic in sustainable numbers?
• Do you see future potential in the location – such as plans for new builds, municipal plans for area development?
• What is the usable space I am getting for the leasing rate? How big is the loss factor?
• What incentives is the landlord offering for a long-term contract?

Prices of retail space vary in very wide ranges if we talk about New York retail space. The main driver in determining retails space leasing rates is the location.

Prices can start from $40 per square foot per year in Boroughs and all the way up to $2200 for a retail store on Park Avenue in Manhattan.
There will be many options for you to lease a retail or commercial space in New York City, but you have to consider carefully all aspects of your business and the location you are aiming at. Taking the market as a whole for New York City, there are imbalances in demand and supply across the boroughs and even between two adjacent streets. It is more likely to have more competition for signing a lease contract for retail space in Manhattan Midtown and to choose from plenty of options in Queens or Staten Island.

Retail Space for sale in New York

There are plenty of opportunities of retail space for sale, largely depending how big your budget is. Once you have your desired retail space in sight, you better consult a professional real estate broker, as the market is high on demand and there might be several tenants competing for one and the same retail space. Also landlords can play a role in the selection of their future tenant, as they have the right to select candidates or to impose additional requirements for the prospective retail space tenants, which is another advantage to have a professional on your side.

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Retail space for rent in Manhattan, NYC
Retail space for rent in Manhattan, NYC

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, New York, NY 10001, Office Medical space for lease 1400-2800 square feet

  • 2800 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

11th Ave The Chelsea Piers Sports & Entertainment Complex, Loft – office – retail for lease.

  • 3000 - 10,000 Sq Ft
  • Upon request
  • Commercial Loft Space

Chelsea West 25th Street NY NY Class A Office space for lease

  • 4000 Sq Ft
  • Upon request
  • Gallery Space, Office Space
Featured

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