New York, NY Conventional Restaurants for Lease
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New York, NY Conventional restaurants Lease Rates & Market Statistics
Explore 192 Conventional restaurants for lease in New York, NY on Realmo, a commercial real estate exchange covering the New York area. The current inventory totals 382,919 square feet of properties — an average of ~2,000 SF per listing.
Asking lease rates for Conventional restaurants in New York start at $12 SF/Yr, average $12 SF/Yr, and reach $12 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $12 SF/Yr is 86% below the New York state average of $83.37 SF/Yr.
Conventional restaurants make up 61% of the 313 Restaurants currently for lease in New York, 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 (34 listings) elsewhere in the New York market.