Manhattan, NY Restaurants for Lease
- Brooklyn, NY
- Jersey City, NJ
- Hoboken, NJ
Manhattan, NY Restaurants Lease Rates & Market Statistics
Browse 220 Restaurants for lease in Manhattan, NY on Realmo, a commercial real estate marketplace serving the Manhattan area. The current inventory totals 477,689 square feet of properties — an average of ~2,150 SF per listing.
Asking lease rates for 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 29% below the New York state average of $47.60 SF/Yr.
By space type, the market includes 140 conventional restaurants, 39 other restaurants and 25 commercial kitchens — commercial kitchens typically offer the lowest entry point, while conventional restaurants command the highest rates.