38 West 39th Street

New York, NY 10018

212-581-3003

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Upper West Side Office Space

  • Upon request
West 86th Street, UWS, NYC, Gallery or Medical space for lease

West 86th Street, UWS, Art Gallery or Medical space for lease

  • Upon request
W 86th St, New York, NY 10024, USA

West 86th Street, UWS, Art Gallery or Medical space for lease 2,100 sf , vacant Retail, Gallery or Medical use, […]

  • 2100 sf
  • Upon request
  • Gallery Space, Medical Office Space, Office Space
Details

Upper West Side

6 months ago

Central Park West, NYC, UWS, Medical space for lease or sale.

  • Upon request
Central Park West, New York, NY, USA

Central Park West, NYC, UWS, Medical space for lease or sale. 2,000 sf, Ground floor, Vacant, Lease or For Sale, […]

  • 2000 sf
  • Upon request
  • Medical Office Space, Office Space
Details

Upper West Side

7 months ago
  • Upon request
Office Space Manhattan NYC

W 73rd St, NY, NY, Broadway, Medical office for lease

  • Upon request
23 W 73rd St, New York, NY 10023, USA

2,000 – 4,000 sf,    Ground floor, Vacant, Medical space, Proffessional/medical space off lobby in luxury residential building. Beautiful new […]

  • 2000 sf
  • Upon request
  • Medical Office Space
Details

Upper West Side

7 months ago
  • Upon request
Office Space Manhattan NYC

W 66th St, NY, NY, Central Park, Residential Building

  • Upon request
W 66th St, New York, NY, USA

W 66th St, NY, NY, Central Park, Residential Building 3,500 sf,    Ground floor, Vacant, Medical space, Spectacular new medical […]

  • 3500 sf
  • Upon request
  • Medical Office Space
Details

Upper West Side

7 months ago

Central Park West, NY, NY, Lease or For Sale, Medical space, 2,000 square feet.

  • Upon request
Central Park West, New York, NY, USA

Central Park West, NY, NY, Lease or For Sale, Medical space, 2,000 square feet. 2,000 sf,    Ground floor, Vacant, […]

  • 2000 sf
  • Upon request
  • Medical Office Space
Details

Upper West Side

7 months ago
  • Upon request
Office Space Manhattan NYC

W 73rd St, NY, NY, Broadway, Residential Building

  • Upon request
W 73rd St, New York, NY 10023, USA

1,000 sf,    Ground floor, Vacant, Medical space, Proffessional/medical space off lobby in luxury residential building. Beautiful new installation. 1 […]

  • 1000 sf
  • Upon request
  • Medical Office Space
Details

Upper West Side

7 months ago

Upper West Side Office Space

Upper West Side Office Space – If you want to get immersed in a unique pre-war NYC atmosphere – Upper West Side is the place to be.
Its location makes you want nothing more: it is enclosed between two beautiful parks – Central Park to the East and Riverside Park on the West. The other borders are West 110th Street in the north and West 59th Street on the south. Just as its sibling across Central Park – Upper East Side – UWS as it is called is a preferred residential area for people working in Midtown Manhattan.

There are two of the most beautiful parks on each side of the area, excellent public transport, plenty of schools to choose from, which makes it an excellent place for families. Upper is not only its position on the map of Manhattan but also most of its residents. It houses the apartments and mansions of the upper class of New York – some of the wealthiest and rich persons in the world. Similarly to the Upper East Side, the median income of the residents is above $100k per year, so does also the median property price top $1 million.

 Upper West Side Office Space for lease

As it houses the wealthiest population of New York, including celebrities, UWS offers what is needed by those inhabitants.
Notable for its architecture, mostly the famous brownstone blocks (some of the landmark buildings), plenty of shops and fine restaurants, complemented by Broadway and lots of museums, make the area a magnet for New York visitors.Businesses in TAMI, education, healthcare, consulting services are among the tenants of office space in UWS. The proximity to families and the available employment to choose from makes it an attractive place to lease office space.
How all this is reflected in the market for office spaces for rent or lease?

Demand and prices for office space for rent on Upper West Side ?

As we said, Manhattan is attracting a lot of new tenants every year and the demand for retail and office space is continuing to grow year-over-year so you could expect it reflected on the prices.

The overall market on Upper West Side office space asks around: $94 per square feet for Class A office rent and around $74 for Class B office rent, which is actually a good price for locations close to Manhattan Midtown. You can count on a 10% vacancy of the 31 million square feet office space available.
While average prices in Midtown Manhattan are: $96 for Class A and $74 for Class B office space, Upper West Side is a good alternative, if your office needs are not huge and you need to be close to your customers.

Transportation around Upper West Side

Upper West Side is well connected with other parts of the city and the suburbs. Subway trains 1, 2, and 3 go through the area and have stops on many streets; A, B, C and D trains go along Central Park West and are complemented to at least 5 bus lines going north-south and east-west.
Commuting by car is difficult due to a lot of traffic on the main streets.

Bus lines: M5, M7, M10, M11, M104 run north and south through the Upper West  Side.

Bus lines: M66, M72, M79, M86, M96, run east to west.

Trains:

Broadway–Seventh Avenue Line Tomato red "1" train"2" train"3" train
Eighth Avenue Line Vivid blue "A" train"C" train"E" train

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Upper West Side Office Space
Upper West Side Office Space 02
Upper West Side Office Space 03

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 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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