19 New York Multifamily Properties for Lease
19 multi-family listings for lease in New York. Average asking rent /SF/yr, 410,600 SF available.
About the New York multi-family market
19 multi-family properties are tracked in New York, representing 5,302,900 SF of rentable building area, of which 410,600 SF is currently marketed as available.
the median marketed suite is 18,700 SF, and listings have been on market a median of 650 days.
The stock splits 5 Class A, 9 Class B, 5 Class C, with construction dates from 1910 to 2020 (median 1945).
The most concentrated submarkets are Flatiron / Union Square (5), Grand Central (3), Tribeca / SoHo (3), Columbus Circle (2), Upper East Side (2).
Multi-Family by city in New York
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
How much multi-family space is available in New York, NY?
410,600 SF is currently marketed across 19 buildings, out of 5,302,900 SF of total inventory.
What is the multi-family vacancy rate in the New York City market?
The New York City multi-family market is running 7.7% vacancy with year-over-year asking rent growth of -0.2%.
Which submarkets have the most multi-family space in New York, NY?
Flatiron / Union Square (5 properties), Tribeca / SoHo (3 properties), Grand Central (3 properties), Murray Hill (2 properties), Columbus Circle (2 properties).
What are the most active ZIP codes for multi-family property in New York, NY?
10010 (5), 10013 (3), 10017 (3), 10016 (2), 10019 (2), 10065 (2).
What cap rates are multi-family assets trading at in New York, NY?
Listed multi-family assets in New York, NY show an average asking cap rate of 5.79%. Closed sale comparables are available in RealStar's Sales module.
Which brokerages are most active in New York, NY?
Concord Realty Services (4 listings), Summit Advisory Group (3 listings), Northgate Commercial (3 listings), Trinity Commercial Group (2 listings), Bluebonnet Realty Advisors (2 listings). See the full New York, NY broker directory.
How do I list a multi-family 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.