Store Lease
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FAQ
Based on publicly available commercial real estate leasing data, the average asking rent for New York office space is around $80 per square foot, and units in Class A buildings are a little under $90 per square foot.
Times Square office space costs an average of just over $83.25 per square foot to rent. This pricing is slightly below the $86 per square foot Midtown Manhattan average. Times Square's pricing is comparable to that of Penn Plaza, the Garment District, and Greenwich Village.
A Price range for retail space in NYC is about $30 to $50 per square foot.
How much does retail space cost NYC? The cost of retail space in NYC can vary greatly, depending on the size and location of the space. In general, the average price of a single retail space in NYC is around $870 per square foot.
A Price range for retail space in NYC is about $30 to $50 per square foot.
Gross leases are most common for commercial properties such as offices and retail space. The tenant pays a single, flat amount that includes rent, taxes, utilities, and insurance.
The average cost for Retail Space for lease in Queens is about $51.66 per square foot. Factors such as location, age of building, amenities, lease options, etc. help determine the rent for Retail Space in Queens, NY.
A more modest retail space in a less popular area could be as little as $10 SF/YR. For a space of around 1,500 square feet, this would translate to anywhere from $15,000 to $42,000 per year or $1,250 to $3,500 per month. If an area seems too expensive at first, consider how the expense might be worth it.