Flex and creative space for lease 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.

Office stock
683K SF
Office properties
57
Largest office
126 Delancey Street
Transit
F J M Z at Delancey St-Essex St

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

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NYC tax lot records

Office buildings 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.

Office space
683K SF
Properties with office space
57
All commercial space
5.5M SF
Built before 1940
76%

Largest office buildings

  1. 126 Delancey Street15K SF
    3 floors · built 1900
  2. 465 Grand Street15K SF
    6 floors · built 1963
  3. 90 Ludlow Street14K SF
    5 floors · built 1920
  4. 108 Delancey Street13K SF
    6 floors · built 1900
  5. 41 Canal Street13K SF
    3 floors · built 1900

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.

All guides

Questions about flex / creative space in the Lower East Side

Is there flex / creative space for lease in the Lower East Side right now?

No flex / creative space for lease in the Lower East Side is listed on Leasemark right now. Post what you need and Leasemark matches you the day a space that fits is listed; your contact details stay private until you accept an intro. Owners and brokers can list a space here for free.

Get matched in the Lower East Side

How much does flex / creative space cost in the Lower East Side?

Pricing depends on building class, floor, condition and lease length. Post a requirement with your budget and Leasemark will match you with spaces that fit it as they are listed.

How do I find flex / creative space in the Lower East Side that is not publicly listed?

Post a requirement on Leasemark. Owners and listing brokers see what you need (without your contact details) and can respond with spaces, including ones that are not on the market yet. You choose who gets an intro.

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

New York City's PLUTO tax lot data (26v2) records about 683,000 square feet of office floor area across 57 properties in the part of the Lower East Side Leasemark covers. The largest by that measure is 126 Delancey Street, at about 15,000 square feet. That is the existing building stock, not space currently for lease.

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.

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.