Cornerstone Tower$312.47M · 6.78% cap
25 Commercial Properties for Sale in New York, NY
Browse 25 commercial properties for sale in New York, NY with an average asking rent of $85.01 per SF and 1,356,600 SF of available space.
25Listings
1,356,600 SFAvailable space
15,460,000 SFTotal inventory
$85.01/SFAvg asking rent
$374.7MAvg asking price
6.73%Avg cap rate
1271 Fifth Ave$18.76M · 5.87% cap
Pecos Center$907.08M · 6.57% cap
Heritage Plaza$209.1M · 6.16% cap
Capital Tower$45.47M · 7.13% cap
1052 Broadway$761.91M · 5.43% cap
496 Avenue of the Americas$1.17B · 5.14% cap
341 Madison Ave$278.92M · 7.54% cap
792 E 42nd St$572.85M · 7.83% cap
829 Water St$164.58M · 6.20% cap
Frontier Square$1.21B · 6.71% cap
296 Hudson St$724.05M · 5.48% cap
Heritage Tower$34.97M · 7.26% cap
915 W 23rd St$114.94M · 5.42% cap
636 W 20th St$51.57M · 8.39% cap
Midtown Crossing$177.33M · 7.51% cap
Republic Exchange$74.66M · 5.13% cap
1348 Water St$159.62M · 4.96% cap
Capital Building$1.4B · 7.90% cap
Metro Park$39.53M · 7.94% cap
1385 W 57th St$33.99M · 7.83% cap
864 Wall St$712.8M · 8.02% cap
Harbor Center$118.41M · 4.91% cap
Granite Place$23.83M · 7.68% cap
About the New York, NY commercial market
25 commercial properties are tracked in New York, NY, representing 15,460,000 SF of rentable building area, of which 1,356,600 SF is currently marketed as available.
Asking rents average $85.01 per square foot per year, the median marketed suite is 28,600 SF, and listings have been on market a median of 466 days.
The stock splits 14 Class A, 8 Class B, 3 Class C, with construction dates from 1905 to 2018 (median 1953).
The most concentrated submarkets are Columbus Circle (4), Murray Hill (3), Hudson Yards (3), Tribeca / SoHo (3), Times Square (3).
New York space by property type
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New York resources
Listing order reflects the advertising package attached to each property — Diamond, Platinum, Gold and Silver listings appear above free Basic listings. See how placement works.
Frequently asked questions
What is the average asking rent for commercial space in New York, NY?
Across the 25 commercial listings published in New York, NY, asking rents average $85.01 per square foot per year, quoted on a NNN basis.
How much commercial space is available in New York, NY?
1,356,600 SF is currently marketed across 16 buildings, out of 15,460,000 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 New York, NY?
Columbus Circle (4 properties), Grand Central (3 properties), Tribeca / SoHo (3 properties), Murray Hill (3 properties), Hudson Yards (3 properties).
What are the most active ZIP codes for commercial property in New York, NY?
10019 (4), 10001 (4), 10017 (3), 10013 (3), 10016 (3), 10036 (3).
What cap rates are commercial assets trading at in New York, NY?
Listed commercial assets in New York, NY show an average asking cap rate of 6.73%. Closed sale comparables are available in RealStar's Sales module.
Which brokerages are most active in New York, NY?
Atlas Property Group (4 listings), Bluebonnet Realty Advisors (2 listings), Pinnacle CRE (2 listings), Cornerstone Brokerage (2 listings), Summit Advisory Group (1 listing). See the full New York, NY broker directory.
How do I list a commercial property in New York, NY?
Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.