Advices

How much is a commercial rent in SoHo?

How much is a commercial rent in SoHo?

How much does it cost to rent a shop in SoHo? As a prestigious neighborhood that offers Manhattan’s most exclusive shopping opportunities, rent in Soho is quite high. The price is dictated by location and square footage, with the square footage price at approximately $367 per year.

How much is a storefront in SoHo?

There are many pop-up store location opportunities around Soho for a median price of $2,500 a day. And these shops can vary in size from 550 square feet to 5,000.

How much is retail space rent in New York?

The cost of retail space rent also varies depending on the type of lease that you get. The minimum rent in New York starts from as low as $40 per square foot per year in Boroughs to a maximum of $1000 in places like Park or Madison in Manhattan.

How much is an office space in NYC?

Traditional office space is generally on the more expensive end of that range — on average, you can expect to pay approximately $77 per square foot per year in Manhattan, New York, or $6.40 per square foot per month.

How much is it to rent store space in Times Square?

What’s the size and rental rate of the largest space available at Times Square Shopping Center? Currently, the largest rentable space at Times Square Shopping Center totals 1,382 square feet. The space has an asking rate of roughly $1.75/SF/MO per square foot.

How much is rent for businesses in Times Square?

Times Square office space costs an average of just over $83.25 per square foot to rent. This pricing is slightly below the $86 per square foot Midtown Manhattan average. Times Square’s pricing is comparable to that of Penn Plaza, the Garment District, and Greenwich Village.

How expensive is office space in NYC?

Calculating Monthly Rates for Office Spaces

Office Space Design No. of People Est. Cost per Month
Private Office Space 1 to 6 $150 to $600
Small Office Space 1 to 4 $50 to $650
Coworking Hot Desks 1 to 2 $50 to $500
Meeting Rooms 5 to 30 $30 to $300

How much is a small office in NYC?

Office space is in high demand in New York City, which has caused prices to increase in recent years. The monthly cost of office space varies a bit depending on the borough in which you are searching, but the most desirable areas will run you between $30.00 and $70.00 per square foot on average.

How many square feet is a retail store?

Many Main Street stores are under 1,000 square feet. A full-service neighborhood grocery store might be 10,000 square feet. Locally owned hardware stores generally range from 2,000 to 20,000 square feet. An independent bookstore might be 1,500 square feet.

How much does it cost to put an ad on Times Square?

A billboard can range in cost from $5,000 for a 1 day program to well over $50,000. Typically, the minimum amount of money required to advertise for a short amount of time 1-3 days ranges between $5,000-$25,000.

How much does a commercial building in Manhattan cost?

Average Commercial Sale Price Per Square Feet

Year Q1 Q2
2016 $720 $653
2017 $610 $918
2018 $974 $422
2019 $820 $721

What is a Class A building in NYC?

Class A buildings are for Masters of the Universe, Captains of Industry and their minions…and in many cases, Class A is where they belong. Class A buildings are nearly always on an avenue near to major transportation hubs. They are Open for Business 24/7 with shining lobbies that are guarded around-the-clock.

What is profit per square foot?

To calculate it, divide your sales by the store’s total square feet of sales space.

How much does a small restaurant owner make in NYC?

Salary Ranges for Restaurant Owners in New York City, NY The middle 50% of Restaurant Owners makes between $48,690 and $53,559, with the top 83% making $91,311.