Manhattan, NY Commercial Real Estate for Lease and Sale

Explore 3,131 listings of Manhattan commercial real estate for lease and for sale to find the best space for your business.

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39-41 Wooster St

39-41 Wooster St, SoHo, New York, NY
Property

Mixed Use

18,500 SF
Availability

4 Spaces

9,600 SF
Year Built

1900
For Lease

$48.38 - $115.20/SF/YR
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69 Mercer Street

69 Mercer Street, SoHo, New York, NY
Property

Mixed Use

15,000 SF
Availability

3 Spaces

10,200 SF
Year Built

1890
For Lease Contact for pricing
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325 West 38th Street

325 West 38th Street, Garment District, New York, NY
Property

Office

110,188 SF
Availability

9 Spaces

11,268 SF
Year Built

1929
For Lease

$3.17 - $44.06/SF/YR
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25 Howard Street

25 Howard Street, SoHo, New York, NY
Property

Mixed Use

4,700 SF
Availability

2 Spaces

4,650 SF
Year Built

1915
For Lease

$51.75 - $128.00/SF/YR
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76 Wooster Street

76 Wooster Street, SoHo, New York, NY
Property

Mixed Use

8,450 SF
Availability

2 Spaces

8,450 SF
For Lease

$46.08 - $66.38/SF/YR
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139 Charles Street

139 Charles Street, West Village, New York, NY
Property

Retail

2,580 SF
Availability

1 Space

2,580 SF
For Lease Contact for pricing
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54 Crosby St

54 Crosby St, SoHo, New York, NY
Property

Mixed Use

8,000 SF
Availability

1 Space

1,850 SF
Year Built

1900
For Lease

$155.68/SF/YR
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243 E 14th St

243 E 14th St, Gramercy Park, New York, NY
Property

Office

850 SF
Availability

1 Space

850 SF
Year Built

1929
For Lease

$5,800.00/MO
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38 West 21st Street
WeWork
38 West 21st Street, New York, NY
Services

Open Workspace

Meeting Room

Private Office
Amenities

Cleaning services

Complimentary coffee & tea

Ethernet

High-speed wifi

IT support

Lounge area

Office supplies

Printer

Professional & social events

Utilities included
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215 Park Avenue South

215 Park Avenue South, Gramercy Park, New York, NY
Property

Office

338,636 SF
Availability

8 Spaces

52,207 SF
Year Built

1910
For Lease Contact for pricing
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1165 Broadway

1165 Broadway, NoMad, New York, NY
Property

Office

51,444 SF
Availability

2 Spaces

12,884 SF
Year Built

1923
For Lease Contact for pricing
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300 Lafayette

300 Lafayette Street, SoHo, New York, NY
Property

Office

82,123 SF
Availability

2 Spaces

18,433 SF
Year Built

2020
For Lease Contact for pricing
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1915 3rd Avenue

1915 3rd Avenue, East Harlem, New York, NY
Property

Retail

38,302 SF
Availability

3 Spaces

27,400 SF
Year Built

1930
For Lease Contact for pricing
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255 5th Avenue

255 5th Avenue, NoMad, New York, NY
Property

Office

30,000 SF
Availability

3 Spaces

9,760 SF
Year Built

1916
For Lease Contact for pricing
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Spaces Chrysler Building
Spaces
405 Lexington Avenue 1st, 7th, 8th & 9th Floor, New York, NY
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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436 W 18th St

436 W 18th St, Chelsea, New York, NY
Property

Office

4,500 SF
Availability Contact for availability
Year Built

1910
For Lease Contact for pricing
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203-205 W 38th St

203 W 38th St, Garment District, New York, NY
Property

Mixed Use

41,124 SF
Availability

10 Spaces

30,135 SF
Year Built

1925
For Lease

$59.00 - $131.41/SF/YR
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15 Maiden Lane

15 Maiden Lane, Financial District, New York, NY
Property

Office

139,500 SF
Availability

4 Spaces

16,130 SF
Year Built

1908
For Lease

$35.00 - $39.00/SF/YR
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48 West 25th Street

48 West 25th Street, NoMad, New York, NY
Property

Retail

12,835 SF
Availability

1 Space

7,746 SF
Year Built

1920
For Lease Contact for pricing
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1430 Broadway

1430 Broadway, Garment District, New York, NY
Property

Office

413,424 SF
Availability

1 Space

13,500 SF
Year Built

1956
For Lease Contact for pricing
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400 E 53rd St

400 E 53rd St, Turtle Bay, New York, NY
Property

Mixed Use

21,976 SF
Availability

1 Space

2,000 SF
Year Built

1900
For Lease

$110.00/SF/YR
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229 West 28th

229 West 28th Street, Chelsea, New York, NY
Property

Office

156,500 SF
Availability

2 Spaces

19,779 SF
Year Built

1917
For Lease Contact for pricing
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500 7th Avenue
WeWork
500 7th Avenue, New York, NY
Services

Open Workspace

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Bike storage

Cleaning services

Espresso bar

Hands-free dispensers

Heating & A/C

High-speed wifi

IT support

Kitchen
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219 W 16th St

219 W 16th St, Chelsea, New York, NY
Property

Mixed Use

18,030 SF
Availability

1 Space

600 SF
Year Built

1930
For Lease

$6,000.00/MO
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489 Fifth Avenue

489 5th Avenue, Murray Hill, New York, NY
Property

Office

163,763 SF
Availability

5 Spaces

24,940 SF
Year Built

1971
For Lease Contact for pricing
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1411 Broadway

1411 Broadway, Garment District, New York, NY
Property

Office

1,226,066 SF
Availability

8 Spaces

169,869 SF
Year Built

1969
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Manhattan commercial real estate market incorporates 473,685,082 square feet of office space across 1,430 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Manhattan, the coworking segment of the commercial real estate market incorporates about 35,589 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Manhattan commercial real estate market includes 27,801,985 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Manhattan market, there is a total of 255,008 square feet of industrial property.

The listing inventory in Manhattan incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Manhattan is represented by Office space, which accounts for 71,174,696 square feet of available listings. Retail space available in Manhattan adds up to 6,504,292 square feet.

Meanwhile, most of the listings of commercial property for sale in Manhattan are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Manhattan is $51.25 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Manhattan can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Manhattan, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Manhattan is in the Central Midtown neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Central Midtown area.

Meanwhile, retail space opportunities are most abundant in the Chelsea submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in SoHo.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $505 per square foot. In particular, the property type commanding the highest lease rates in Manhattan was Retail space.

Conversely, the highest sale price last year was $425,000,000 that is located at 724 5th Avenue.

The average size of a commercial property in Manhattan depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Manhattan, the average size of an office property is 369,202 square feet.
Retail properties here incorporate an average of 25,911 square feet.
Industrial space in Manhattan is in buildings that are, on average 42,502 square feet in size.

Manhattan, NY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Manhattan currently add up to 82,570,678 square feet. The market offers 1,362 active office listing(s), which amount to 71,171,395 square feet and account for 48% of commercial spaces on the market. Local retail availability includes 6,503,562 square feet across 1,326 retail space(s). Industrial space for rent opportunities in Manhattan amount to 110,510 square feet across a total of 5 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	1,362	71,171,395
Retail	1,326	6,503,562
Industrial	5	110,510
Other	111	4,785,211

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Manhattan, NY. Currently, there is 5,968,176 square feet of commercial property for sale here , which includes 72 office building(s) for sale , 65 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	72	2,145,073
Retail	65	590,291
Industrial	1	7,760
Other	131	3,225,052

Manhattan, NY Commercial Real Estate Market Overview

The Manhattan commercial real estate market needs no introduction. As one of the world’s largest financial centers and the biggest in the U.S., demand for commercial real estate in Manhattan is high and constant. As such, dozens of tenants with worldwide footprints compete for spots in the borough’s business areas of Midtown and Lower Manhattan.

Specifically, areas such as the Plaza District — which is situated between 42nd St., 59th St., 3rd Ave. and 7th Ave. — consistently see some of the priciest commercial real estate lease rates in the world. Meanwhile, other neighborhoods, such as TriBeCa and Chelsea, attract tenants with their glitzy, historic buildings and access to New York’s public transportation network.

Beyond its traditional role as a center of finance and commerce, the tech industry boom has also boosted demand for Manhattan commercial real estate. Giants such as Google and Facebook have a significant presence within the borough, as do many promising startups.

Manhattan, NY Commercial Real Estate for Lease and Sale

39-41 Wooster St

69 Mercer Street

325 West 38th Street

25 Howard Street

76 Wooster Street

139 Charles Street

54 Crosby St

243 E 14th St

38 West 21st Street

215 Park Avenue South

1165 Broadway

300 Lafayette

1915 3rd Avenue

255 5th Avenue

Spaces Chrysler Building

436 W 18th St

203-205 W 38th St

15 Maiden Lane

48 West 25th Street

1430 Broadway

400 E 53rd St

229 West 28th

500 7th Avenue

219 W 16th St

489 Fifth Avenue

1411 Broadway

Frequently Asked Questions

Manhattan, NY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Manhattan, NY Commercial Real Estate Market Overview

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Manhattan, NY Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Manhattan, NY?

What factors affect the price of commercial real estate in Manhattan, NY?

What is the average rent for commercial space in Manhattan, NY?

What are the best areas for commercial real estate in Manhattan, NY?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Manhattan, NY?

Manhattan, NY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Manhattan, NY Commercial Real Estate Market Overview

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us