Home of the New York Stock Exchange, Times Square, the Theater District, and countless other landmarks, Manhattan is undoubtedly among the most expensive commercial real estate markets in the United States. On 5th Ave (49th St. - 59th St.), the annual asking rent of retail space reached 2,750 U.S. dollars per square foot in the first half of 2023. Broadway & 7th Ave (42nd St. - 47th St.) had the second highest rent among Manhattan corridors, with a median asking rent of 980 U.S. dollars.
Annual median and average asking rent of retail space in Manhattan, New York in 1st half 2023, by corridor
(in U.S. dollars per square foot)
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REBNY. (June 24, 2023). Annual median and average asking rent of retail space in Manhattan, New York in 1st half 2023, by corridor (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269511/retail-space-rent-manhattan-by-corridor/
REBNY. "Annual median and average asking rent of retail space in Manhattan, New York in 1st half 2023, by corridor (in U.S. dollars per square foot)." Chart. June 24, 2023. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269511/retail-space-rent-manhattan-by-corridor/
REBNY. (2023). Annual median and average asking rent of retail space in Manhattan, New York in 1st half 2023, by corridor (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269511/retail-space-rent-manhattan-by-corridor/
REBNY. "Annual Median and Average Asking Rent of Retail Space in Manhattan, New York in 1st Half 2023, by Corridor (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 24 Jun 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269511/retail-space-rent-manhattan-by-corridor/
REBNY, Annual median and average asking rent of retail space in Manhattan, New York in 1st half 2023, by corridor (in U.S. dollars per square foot) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269511/retail-space-rent-manhattan-by-corridor/ (last visited November 13, 2024)
Annual median and average asking rent of retail space in Manhattan, New York in 1st half 2023, by corridor (in U.S. dollars per square foot) [Graph], REBNY, June 24, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269511/retail-space-rent-manhattan-by-corridor/
