19 New York Multifamily Properties for Lease

19 multi-family listings for lease in New York. Average asking rent /SF/yr, 410,600 SF available.

19Listings
410,600 SFAvailable space
5,302,900 SFTotal inventory
18,700 SFMedian suite
144 Wall StNew York, NY · Multi-Family · Class B12,500 SF availableRate on request
Regency ParkNew York, NY · Multi-Family · Class A9,400 SF availableRate on request
392 E 42nd StNew York, NY · Multi-Family · Class C39,300 SF availableRate on request
915 W 23rd StNew York, NY · Multi-Family · Class C38,300 SF availableRate on request
515 W 57th StNew York, NY · Multi-Family · Class B22,900 SF availableRate on request
Regency LandingNew York, NY · Multi-Family · Class A5,400 SF availableRate on request
87 W 23rd StNew York, NY · Multi-Family · Class A50,800 SF availableRate on request
986 Eighth AveNew York, NY · Multi-Family · Class B12,800 SF availableRate on request
1416 BroadwayNew York, NY · Multi-Family · Class B8,800 SF availableRate on request
Century CommonsNew York, NY · Multi-Family · Class B26,800 SF availableRate on request
1247 Park AveNew York, NY · Multi-Family · Class C29,300 SF availableRate on request

About the New York multi-family market

19 multi-family properties are tracked in New York, representing 5,302,900 SF of rentable building area, of which 410,600 SF is currently marketed as available.

the median marketed suite is 18,700 SF, and listings have been on market a median of 650 days.

The stock splits 5 Class A, 9 Class B, 5 Class C, with construction dates from 1910 to 2020 (median 1945).

The most concentrated submarkets are Flatiron / Union Square (5), Grand Central (3), Tribeca / SoHo (3), Columbus Circle (2), Upper East Side (2).

Multi-Family by city in New York

Listing order reflects the advertising package attached to each property — Diamond, Platinum, Gold and Silver listings appear above free Basic listings. See how placement works.

Frequently asked questions

How much multi-family space is available in New York, NY?

410,600 SF is currently marketed across 19 buildings, out of 5,302,900 SF of total inventory.

What is the multi-family vacancy rate in the New York City market?

The New York City multi-family market is running 7.7% vacancy with year-over-year asking rent growth of -0.2%.

Which submarkets have the most multi-family space in New York, NY?

Flatiron / Union Square (5 properties), Tribeca / SoHo (3 properties), Grand Central (3 properties), Murray Hill (2 properties), Columbus Circle (2 properties).

What are the most active ZIP codes for multi-family property in New York, NY?

10010 (5), 10013 (3), 10017 (3), 10016 (2), 10019 (2), 10065 (2).

What cap rates are multi-family assets trading at in New York, NY?

Listed multi-family assets in New York, NY show an average asking cap rate of 5.79%. Closed sale comparables are available in RealStar's Sales module.

Which brokerages are most active in New York, NY?

Concord Realty Services (4 listings), Summit Advisory Group (3 listings), Northgate Commercial (3 listings), Trinity Commercial Group (2 listings), Bluebonnet Realty Advisors (2 listings). See the full New York, NY broker directory.

How do I list a multi-family property in New York, NY?

Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.