Manhattan, NY Conventional Restaurants for Lease
- Brooklyn, NY
- Jersey City, NJ
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Manhattan, NY Conventional restaurants Lease Rates & Market Statistics
Browse 140 Conventional restaurants for lease in Manhattan, NY on Realmo, a commercial real estate marketplace serving the Manhattan area. The current inventory totals 303,845 square feet of properties — an average of ~2,150 SF per listing.
Asking lease rates for Conventional restaurants in Manhattan start at $12 SF/Yr, average $34 SF/Yr, and reach $56 SF/Yr at the top of the market. That's a 5x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $34 SF/Yr is 41% below the New York state average of $57.52 SF/Yr.
Conventional restaurants make up 64% of the 220 Restaurants currently for lease in Manhattan, with asking rates in line with the citywide Restaurants average. Also worth a look for tenants weighing alternatives: Other restaurants (39 listings) and Commercial kitchens (25 listings) elsewhere in the Manhattan market.