Manhattan Commercial Real Estate For Rent

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A real estate broker will contact you immediately to assess your Manhattan office space/commercial real estate needs.
Your broker will research hundreds of Manhattan commercial properties in order to find you the ideal space including below market opportunities.
You will be escorted on tours, provided with floor plans, photos and property reports of New York City commercial listings.
Upon finding the most suitable space, we will formulate an offer with your interests in the forefront, submit it to the landlord and negotiate it thoroughly until we have the very best deal possible subject to your approval.

MANHATTAN OFFICE SPACE

Finding competitively priced office space in Manhattan within a desirable neighborhood can be a challenge. Even in a slow real estate market, there is competition for affordable Manhattan office space. It is not uncommon for landlords of commercial buildings to receive multiple offers from prospective tenants on attractive and well-located office space.

Despite the recession, global businesses, public corporations, financial institutions and startups still require office space in Manhattan, and leasing activity for such rentals has increased substantially since early 2010. As a result the vacancy rate for Manhattan office space has remained relatively low compared to other major American cities.

Companies generally prefer to invest capital in their business operations rather than purchase real estate. As a result, most available space - whether intended for office, showroom, loft, medical or retail use—is available for rent rather than for purchase. While there are commercial condominiums and cooperative spaces available for sale, they comprise a small fraction of the total commercial real estate marketplace.

Manhattan Office Space

Office Space
12,965 S.F.
Negotiable
14 Penn Plaza

14-Penn-Plaza-Sublet

Penn/Garment

Office Space
5,344 SF
$25,829.00
Third Avenue

Third-Avenue-Grand-Central-Office-Real-Estate-Listing

Grand Central

Office Space
1,930 S.F.
$7,076.00
Fifth Avenue

EmpireStateBuilding-48thFloorOfficeRental

Murray Hill

Office Space
12,797
$37324.58
Wall St

Class-A-Wall-Street-Office-Space

Financial District

Office Space
4,788 SF
$14,763.00
43rd Street

Grand-Central-2

Grand Central Station

Commercial Loft
2500 SF
$5,208/Month
East 33rd Street

Murray-Hill-3

Murray Hill

Office Space
6,793 SF
$39,625.00
Fifth Avenue

Full-Floor-for-Lease-42nd-Street-Grand-Central-Manhattan

Grand Central

Major Markets and Neighborhoods

Most New York City office space is located in the borough of Manhattan, though some commercial space is available in Queens, Brooklyn and the Bronx. The commercial real estate market in Manhattan is divided into three major sectors: Midtown, Midtown South and Downtown. New York City's largest skyscrapers are found in these neighborhoods, and they contain both Class A and B commercial office spaces.

Classification of New York City Commercial Property

New York City office space is classified as Class A, Class B and Class C buildings.

Class A Buildings offer:

-Lobbies attended by staff 24/7

-Air-conditioned lobbies and common areas

-Property management on premises

-A high level of capital improvements

-Cleaning services included in the base rent

-Advanced fire alarm and security systems

Class B buildings offer loft style and basic office style buildings:

Traditional lobbies and corridors

-24/7 Tenant access

-Attended lobbies, mostly during business hours

Class C buildings:

These properties are usually former warehouse or manufacturing buildings that have been converted for office use. The lobbies may range from nice and acceptable to bare bones and functional. In some cases, lobbies are attended. Class C buildings offer the most affordable Manhattan office space.

Brokers Representing Tenants with Access to Every New York City Commercial Space

Metro Manhattan Office Space, Inc. works on behalf of tenants when they seek to rent, lease or sublease office, loft, showroom or medical space

Our company has successfully negotiated leases for tenants in a variety of industries, including:

- Accounting
- Advertising
- Legal Services
- Financial Services
- Not for Profits
- Public Relations
- Technology & Web Design

Our listing database contains 98% of all available office, retail, loft, medical and showroom space in New York City. We have longstanding business relationships with the major landlords and managing agents. In the last ten years we have helped hundreds of businesses acquire leased space in New York City.