As of late 2023, New York Citys commercial real estate market, particularly the office sector, continues to navigate a complex landscape marked by fluctuating vacancy rates and evolving tenant needs. The office vacancy rate has stabilized around 16, reflecting a slight decrease from previous highs, yet it remains elevated compared to prepandemic levels. Recent trends indicate a gradual rebound in leasing activity, driven by companies reevaluating their workspace strategies to accommodate hybrid work models.
Market health indicators such as rental rates have varied significantly by submarket, with areas like Midtown experiencing more resilience compared to Downtown, where vacancy rates are notably higher. Landlords are increasingly offering flexible lease terms and incentives to attract tenants, showcasing a shift toward a tenantcentric approach.
The growth of coworking spaces continues to shape the landscape, catering to a diverse range of tenants from startups to established firms. Coworking facilities not only provide flexibility but also foster collaboration and innovation, making them particularly appealing to small businesses that may require scalable solutions. They serve as a buffer against longterm commitments traditionally associated with conventional office leases.
For small businesses considering office space in New York, it is essential to assess location priorities and budget constraints. Flexibility remains paramount businesses may benefit from coworking arrangements or shorter lease terms to adapt as their needs evolve. Additionally, the emphasis on amenities and creative office layouts can enhance employee satisfaction and productivity, making these factors critical considerations when selecting space in the current environment.
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Showing 181 - 200 of 500 buildings with 1,640 total listings
1789 Amsterdam Ave, New York, NY 10031
Located in a high foot traffic area in Hamilton Heights, 3 blocks away from the transit stop at 145 Street. Public transit: 1, A, B, C & D train...
2 retail spaces from 600 to 700 square feet.
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1791 Amsterdam Ave, New York, NY 10031
Located in a high foot traffic area in Hamilton Heights, 3 blocks away from the transit stop at 145 Street. Public transit: 1, A, B, C & D train...
1 retail space 1,000 square feet.
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249 E 118th St, New York, NY 10035
Located in East Harlem, short walk to the 116th and 125th Street subway station. Public Transit: 6 train at 116th Street; 4,5, & 6 Train at 125th...
1 retail space 1,250 square feet.
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434 W 154th St, New York, NY 10032
Located in Hamilton Heights in close proximity to the 155 St. or 157 St. transit stop. Public transit: B, D & C train at 155 St; 1 train at 157...
1 office space and 1 retail space 3,000 square feet.
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189 Avenue C, New York, NY 10009
Located in the East Village neighborhood of Manhattan between E 12th St & E 11th St near the 1st Ave subway station. Nearest Transit: L train...
2 retail spaces 2,500 square feet.
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568 9th Ave, New York, NY 10036
All uses considered Close proximity to the Theater District, Port Authority and Lincoln Tunnel Heavy vehicle and foot traffic
2 retail spaces from 1,400 to 1,472 square feet.
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572 11th Ave, New York, NY 10036
New Construction Perfect for a showroom Restaurant use permitted Commercial Loading Elevator to Lower Level 30Õ High Glass Panels Logical Divisions...
1 retail space 10,570 square feet.
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107 W 25th St, New York, NY 10001
Located in Chelsea near the 23rd St subway station just a couple blocks from Madison Square Park and other attractions. Nearest transit: M, F,...
1 retail space 2,500 square feet.
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17 W 24th St, New York, NY 10010
Located in the Flatiron neighborhood between 5th Ave and 6th Ave near the 23rd St subway station Nearest transit: N, R, M, F, and PATH trains...
1 office space and 1 retail space from 1,300 to 1,950 square feet.
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106 E 19th St, New York, NY 10003
Located in the Gramercy Park neighborhood of Manhattan between Park Ave South & Irving Pl near the Union Square & 23rd St subway stations. Nearest...
1 office space and 1 retail space from 1,500 to 3,500 square feet.
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110 Christopher St, New York, NY 10014
Located in the West Village neighborhood of Manhattan between Bedford St & Bleecker St near the Christopher St & W 4th St subway stations. Nearest...
2 retail spaces 200 square feet.
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148 W 72nd St, New York, NY 10023
Located in the Lincoln Square neighborhood of Manhattan between Amsterdam Ave and Columbus Ave near the 72nd St subway station. Nearest transit:...
1 retail space 650 square feet.
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152 W 72nd St, New York, NY 10023
Located in the Lincoln Square neighborhood of Manhattan between Amsterdam Ave and Columbus Ave near the 72nd St subway station. Nearest transit:...
1 retail space 650 square feet.
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334 W 37th St, New York, NY 10018
Located in the Garment District neighborhood of Manhattan between 9th Ave & 8th Ave near the 34th St-Penn Station subway station Nearest transit:...
1 retail space 700 square feet.
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145 W 27th St, New York, NY 10001
Located in the Chelsea neighborhood of Manhattan between 7th Ave & 6th Ave near the 28th St subway station. Nearest Transit: 1, 2, N, & R trains...
2 retail spaces from 1,800 to 2,000 square feet.
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219 Hudson St, New York, NY 10013
Located next to the entrance of the Lincoln Tunnel in the Hudson Square neighborhood of Manhattan at the corner of Canal St near the Canal St...
2 retail spaces 1,500 square feet.
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612 Albany Ave, New York, NY 11203
Prime retail location on one of Ulster County's busiest thoroughfares. Close proximity to NYS Thruway exit 19 and major retail corridor. Short...
1 retail space 3,000 square feet.
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