Flatiron / Union Square Submarket — New York City

Flatiron / Union Square submarket of New York City: 15 tracked properties, 3,134,100 SF of inventory and 326,200 SF available.

15Listings
326,200 SFAvailable space
3,134,100 SFTotal inventory
$71.34/SFAvg asking rent
15,900 SFMedian suite
144 Wall StNew York, NY · Multi-Family · Class B12,500 SF availableRate on request
1025 Hudson StNew York, NY · Retail · Class C6,400 SF available$35.37 – $43.06/SF/yr NNN
392 E 42nd StNew York, NY · Multi-Family · Class C39,300 SF availableRate on request
551 W 57th StNew York, NY · Office · Class C13,900 SF available$67.18 – $81.78/SF/yr FS
710 W 34th StNew York, NY · Office · Class B105,300 SF$82.26 – $100.14/SF/yr FS
Alamo GatewayNew York, NY · Office · Class B3,700 SF available$81.79 – $99.56/SF/yr FS
87 W 23rd StNew York, NY · Multi-Family · Class A50,800 SF availableRate on request
Enterprise PlazaNew York, NY · Office · Class C15,900 SF available$70.31 – $85.59/SF/yr FS

15 commercial properties are tracked in the Flatiron / Union Square submarket, representing 3,134,100 SF of rentable building area, of which 326,200 SF is currently marketed as available.

Asking rents average $71.34 per square foot per year, the median marketed suite is 15,900 SF, and listings have been on market a median of 662 days.

The stock splits 5 Class A, 3 Class B, 7 Class C, with construction dates from 1913 to 2020 (median 1966).

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Frequently asked questions

What is the average asking rent for commercial space in Flatiron / Union Square, NY?

Across the 15 commercial listings published in Flatiron / Union Square, NY, asking rents average $71.34 per square foot per year, quoted on a NNN basis.

How much commercial space is available in Flatiron / Union Square, NY?

326,200 SF is currently marketed across 12 buildings, out of 3,134,100 SF of total inventory.

What is the commercial vacancy rate in the New York City market?

The New York City commercial market is running 7.7% vacancy with year-over-year asking rent growth of -0.2%.

Which submarkets have the most commercial space in Flatiron / Union Square, NY?

Flatiron / Union Square (15 properties).

Which brokerages are most active in Flatiron / Union Square, NY?

Granite Peak Realty (2 listings), Northgate Commercial (2 listings), Atlas Property Group (2 listings), Trinity Commercial Group (1 listing), Pinnacle CRE (1 listing). See the full Flatiron / Union Square, NY broker directory.

How do I list a commercial property in Flatiron / Union Square, NY?

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