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 121 - 140 of 500 buildings with 1,640 total listings
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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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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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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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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204 W 14th St, New York, NY 10011
Located in the West Village neighborhood of Manhattan between 7th Ave & 8th Ave near the 14th St and 8th Ave subway stations. Nearest transit:...
1 office space 1,200 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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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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42 Brooklyn, New York, NY 11216
Located in Prime Williamsburg in close proximity to the Marcy Ave Transit stop Public Transit: J, M and Z train at Marcy Ave. Nearby local tenants:...
1 office space 4,500 square feet.
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1033 St Nicholas Ave, New York, NY 10032
Located in Washington Heights, steps away from the 163rd St station, or a short walk to the 157th St transit stop. Public transit: C train at...
1 retail space 900 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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1920 Amsterdam Ave, New York, NY 10032
Located in the Washington Heights neighborhood of Manhattan between W 155th St & W 156th St near the 155th St subway station. Nearest Transit:...
1 special purpose space 11,000 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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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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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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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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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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90 William St, New York, NY 10038
Located in the Financial District of Manhattan adjacent to the Federal Reserve at the corridor connecting Wall St & Fulton St. between Maiden...
1 retail space 2,100 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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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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