New York City, NY Conventional Restaurants for Lease
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New York City, NY Conventional restaurants Lease Rates & Market Statistics
Browse 192 Conventional restaurants for lease in New York City, NY on Realmo, a commercial real estate marketplace serving the New York City area. The current inventory totals 382,919 square feet of properties — an average of ~2,000 SF per listing.
Conventional restaurants lease rates in New York City range from $12 SF/Yr at the entry level to $12 SF/Yr at the top of the market, averaging $12 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $12 SF/Yr, the local average runs 86% below New York's state average of $84.96 SF/Yr.
Conventional restaurants make up 61% of the 314 Restaurants currently for lease in New York City, with asking rates in line with the citywide Restaurants average. Also worth a look for tenants weighing alternatives: Other restaurants (64 listings) and Commercial kitchens (35 listings) elsewhere in the New York City market.
