Manhattan Industrial Market Trends

Stats: Quarterly Yearly

Market Overview for Quarter 2, 2022

Average price/sqft


-57% YoY

Sales volume


-72% YoY



-33% YoY

Total sqft


-35% YoY

With only 2 industrial transactions in Quarter 2, 2022, calculating metrics would not accurately indicate industrial real estate statistics in Manhattan.

Average Industrial Sale Price Per Square Feet

Manhattan industrial real estate price per square foot in Quarter 2, 2022 was $603, down by 57% Y-o-Y.

Industrial Transactions in Manhattan

Manhattan industrial real estate transactions in Quarter 2, 2022 was 2, down by 33% Y-o-Y.

Industrial sales volume in Manhattan

Manhattan industrial real estate sales volume in Quarter 2, 2022 was $62M, down by 72% Y-o-Y.

Total sqft of Industrial properties sold in Manhattan

Manhattan industrial real estate total square feet in Quarter 2, 2022 was 102K, down by 35% Y-o-Y.

Recent Significant Sales

Property Address Submarket Sale Date Price Square Feet Average Price/Sqft Package Deal

Top Boroughs in New York City

Manhattan average price per sqft compared with other boroughs in New York City

Submarket Borough Average sale price/sqft Transactions Sales volume Total sqft

See also

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