Manhattan

Commercial space in the Lower East Side

The Lower East Side mixes galleries, restaurants, and a growing supply of boutique office. Rents sit below SoHo and the Village, which keeps it popular with emerging brands.

Commercial properties
466
Retail stock
1.2M SF
Median year built
1915
Known for
Retail, Restaurant, Flex / Creative

Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.

On Leasemark No spaces or requirements posted in the Lower East Side yet. List a space and it is matched to every new requirement, or post what you need and get matched as spaces arrive.

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No live requirements in the Lower East Side yet. These labeled examples show what tenants post.

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NYC tax lot records

The building stock in the Lower East Side

What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.

Commercial properties
466
Office space
683K SF
Retail space
1.2M SF
Built before 1940
76%

Largest retail buildings

  1. 280 Henry Street25K SF
    1 floor · built 1974
  2. 116 Delancey Street21K SF
    1 floor · built 1939
  3. 114 Delancey Street13K SF
    3 floors · built 1997
  4. 80 Clinton Street11K SF
    5 floors · built 1910
  5. 95 Delancey Street9K SF
    3 floors · built 1936

Age, height and zoning

  • Median year built: 1915.
  • Median height: 5 floors.
  • Most common zoning districts: R7-2 (138), R7A (110), C6-2 (107).
  • 14 lots are designated city landmarks.

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16. Counts cover tax lots with commercial floor area within about 0.4 mi of the Lower East Side's commercial core, and each lot counts toward one neighborhood only, so boundaries are approximate. Building figures are the city's floor-area estimates, not available space.

MTA station data

Subway stations in the Lower East Side

Every station within about 0.5 mi of the Lower East Side's commercial core, closest first. Stations joined by a free transfer count once.

Stations
2
Subway lines
4
Fully accessible
0 of 2
Closest
Delancey St-Essex St, 6 min walk

The 2 stations

  • Delancey St-Essex St6 min walk · Not accessible
  • East Broadway6 min walk · Not accessible

Lines

The F, J, M and Z trains stop within about 0.5 mi of the Lower East Side's core.

Step-free access

  • None of these stations is fully accessible. The closest accessible station is Canal St (6 J N Q R W Z), about 0.8 miles from the core.

Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-16. Walking times are straight-line estimates from the nearest point of the Lower East Side's commercial core (the same area as the building counts), so the street route is longer. Accessibility is the MTA's rating for the named station. PATH, LIRR, Metro-North and ferries are not in this data.

Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

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Questions about the Lower East Side

How much commercial space is there in the Lower East Side?

New York City's PLUTO tax lot data (26v2) records about 5.5 million square feet of commercial floor area across 466 properties in the part of the Lower East Side Leasemark covers, including about 683,000 square feet of office and about 1.2 million square feet of retail. The largest retail building by that measure is 280 Henry Street, at about 25,000 square feet. That is the existing building stock, not space currently available.

What subway lines serve the Lower East Side?

Two subway stations sit within about 0.5 mi of the Lower East Side's commercial core, served by the F, J, M and Z trains. The closest is Delancey St-Essex St (F J M Z), roughly 6 minutes on foot; then East Broadway (F). Walking times are straight-line estimates from MTA station data.

Which subway stations in the Lower East Side are accessible?

Neither of the two stations within about 0.5 mi of the Lower East Side's commercial core is fully accessible, per the MTA. The closest accessible station is Canal St (6 J N Q R W Z), about 0.8 miles from the core in a straight line.

Do tenants in the Lower East Side pay the NYC Commercial Rent Tax?

Yes, for larger leases. The Lower East Side is in Manhattan below 96th Street, where the city's Commercial Rent Tax applies. A tenant owes it only when base rent for the space is $250,000 a year or more. The tax is 6% of base rent after a 35% reduction, so 3.9% of rent, with a sliding credit between $250,000 and $300,000, and the Small Business Tax Credit wipes it out for businesses with total income of $5 million or less and base rent under $500,000.

Estimate it with the Commercial Rent Tax calculator

Is it free to post on Leasemark?

Yes. Posting a space or a requirement is free. Contact details are only shared when both sides accept an intro.