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 441 - 460 of 500 buildings with 1,640 total listings
362 W 125th St, New York, NY 10027
All uses Considered - Retail, Fitness, School, Can be combined with ground floor up to 30,000 SF, Each floor has separate entrance, High foot...
1 office space 11,807 square feet.
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3803 Broadway, New York, NY 10032
All uses considered, One of the busiest intersections in Washington Heights, High foot traffic area, Space A former liquor store, Space B former...
2 retail spaces from 700 to 3,300 square feet.
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129 W 20th St, New York, NY 10011
Located steps away from the stunningly finished Chelsea Green Park in the Chelsea neighborhood of Manhattan between 6th Ave & 7th Ave near the...
2 retail spaces from 1,900 to 2,602 square feet.
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141 W 116th St, New York, NY 10026
Located in the Central Harlem neighborhood of Manhattan between Adam Clayton Powell Jr. Blvd & Malcolm X Blvd near the 116th St subway station....
1 retail space 600 square feet.
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1785 Madison Ave, New York, NY 10035
Located in the East Harlem neighborhood of Manhattan between E 117th St & E 118th St near the 116th St subway station. Nearest Transit: 3, 4,...
1 retail space 650 square feet.
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2148 3rd Ave, New York, NY 10035
Located in the East Harlem neighborhood of Manhattan between E 117th St & E 118th St near the 116th St subway station. Nearest Transit: 4 & 6...
3 retail spaces from 2,000 to 3,000 square feet.
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2261 1st Ave, New York, NY 10035
Located in the East Harlem neighborhood of Manhattan between E 116th St & E 117th St near the 125th St subway station. Nearest Transit: 4, 5,...
2 office spaces 3,000 square feet.
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2265 1st Ave, New York, NY 10035
Located in the East Harlem neighborhood of Manhattan between E 116th St & E 117th St near the 125th St subway station. Nearest Transit: 4, 5,...
1 retail space 900 square feet.
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238 E 58th St, New York, NY 10022
Located in the Sutton Place neighborhood of Manhattan between 2nd Ave & 3rd Ave near the Lexington Ave/59th St subway station. Nearest Transit:...
1 retail space 488 square feet.
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3208 Broadway, New York, NY 10027
Located in the Manhattanville neighborhood of Manhattan between W 125th St & W 126th St near the 125th St subway station. Nearest Transit: 1...
1 retail space 850 square feet.
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33 W 14th St, New York, NY 10011
Located on the cusp of Greenwich Village, Union Square, & Chelsea between 5th Ave & 6th Ave near the 6th Ave subway station. Nearest Transit:...
4 retail spaces from 2,500 to 7,500 square feet.
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349 E 109th St, New York, NY 10029
Located in the East Harlem neighborhood of Manhattan between 1st Ave & 2nd Ave near the 110th St subway station. Nearest Transit: 4 & 6 trains...
1 retail space 1,000 square feet.
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418 E 115th St, New York, NY 10029
Located in the East Harlem neighborhood of Manhattan right off of the FDR between 1st Ave & Pleasant Ave near the 116th St subway station. Nearest...
1 office space 1,700 square feet.
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44 Avenue A, New York, NY 10009
Located in a strong food and beverage corridor in the Alphabet City neighborhood of Manhattan between E 3rd & E 4th St near the 2nd Ave train...
2 retail spaces from 2,950 to 3,300 square feet.
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601 8th Ave, New York, NY 10018
Located in the Garment District in the densest entertainment area of Manhattan with over 200,000 people passing daily between W 39th St & W 40th...
1 retail space 8,100 square feet.
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654 E 12th St, New York, NY 10009
Located in the Alphabet City neighborhood of Manhattan between Avenue B & Avenue C near the 1st Avenue train station. Nearest Transit: L train...
1 special purpose space 300 square feet.
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351 Broadway, New York, NY 10013
Ground Floor and Lower Level of a new, luxury condo building, Accepting all non-venting uses, Internal elevator for ADA-Accessibility
2 retail spaces from 4,153 to 7,995 square feet.
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20 Avenue A, New York, NY 10009
Turn-key martial arts facility, Perfect build-out for Gyms, Fitness, Cross-Fit, & Martial Arts, Neighboring tenants
1 retail space 1,400 square feet.
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2172 3rd Ave, New York, NY 10035
Adjacent to the Slberman School of Social Work at Hunter College, Space B is vented with gas, Easily accessed by major transportation, Dense...
3 retail spaces 1,500 square feet.
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