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 161 - 180 of 500 buildings with 1,640 total listings
500 W 22nd St, New York, NY 10011
At the base of Park House, a luxury condo, Flexible divisions, Lower Level is legal for selling, Elevator in place within the space, Steps away...
1 retail space 3,565 square feet.
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1204 Broadway, New York, NY 10001
Prime retail opportunity in the heart of NOMAD, High foot traffic area, Steps away from the 28th street subway station
1 retail space 2,200 square feet.
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2108 3rd Ave, New York, NY 10029
Second, Third, & Fourth floors available with 2 forms of egress, 98,000 SF buildable! High foot & vehicle traffic area, Each floor can be leased...
1 retail space 35,600 square feet.
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8 W 37th St, New York, NY 10018
Prime retail opportunity, Former location of Rock and Soul, High foot & vehicle traffic area
1 retail space from 1,500 to 2,700 square feet.
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1031 Lexington Ave, New York, NY 10021
Excellent retail with high visibility, Space delivered white-boxed, Bathroom inside, Close proximity to 77th Street 6 Train
1 retail space from 350 to 1,100 square feet.
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654 Hudson St, New York, NY 10014
Newly renovated store adjacent to Zimmerman Across the street from the Gansevoort Hotel Available for long or short term
1 office space 1,550 square feet.
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100 E Broadway, New York, NY 10002
All uses considered ¥ Outstanding new construction opportunity ¥ Tremendous ceiling heights & frontage ¥ Single tenant or mulit-tenant division...
4 office spaces from 713 to 9,075 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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585 W 181st St, New York, NY 10033
Multiple Spaces available, Space 2 is vented, 13,000 SF lower level can be delivered Ð subway (MTA) entrance inside, High foot traffic destination...
1 retail space 835 square feet.
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1426 St Nicholas Ave, New York, NY 10033
Space B: Vented with gas, High foot traffic destination in the heart of Washington Heights, George Washington Bridge bus terminal is located...
1 retail space 2,846 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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876 Lexington Ave, New York, NY 10065
Black iron venting in place, 200 AMPS 3 PHASE, Former Pastafina, High foot traffic area, Dense residential occupancy, Steps away from Central...
1 retail space 2,100 square feet.
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264 Sherman Ave, New York, NY 10034
Dense Residential Area with Heavy Foot Traffic, Great Frontage, Steps away from the Sherman Ave/10th Ave bus stop and the A & 1 train stations
1 retail space 2,500 square feet.
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