Commercial Properties for Sale in New York

About Oficinas em Nova Iorque

Commercial real estate in New York: from entry-level offices to whole buildings New York remains the world's most liquid and closely watched commercial property market. This page gathers our commercial inventory across the state: Manhattan office condos from ~US$379k — a rare entry ticket to owning a piece of the island — and commercial and mixed-use buildings between US$9.5 and 25 million in Flushing, Williamsburg, Astoria, Forest Hills, Maspeth, Red Hook, Staten Island and Mineola (Long Island). What each product is Manhattan office condos Office or practice suites under condominium ownership, many in classic residential addresses (Sutton Place, Tudor City, East 60th, West 86th). They serve doctors, lawyers, therapists and small firms — and the investor who rents to those profiles. It is the lowest-barrier entry into New York commercial property. Commercial and mixed-use buildings Income assets: ground-floor retail with apartments or offices above, on strong retail corridors (Main Street/Flushing, Williamsburg, Steinway/Astoria). Mixed use dilutes risk: when retail suffers, residential carries the income — and vice versa. Investment analysis Foreign buyers should understand the office market's moment. Hybrid work has reduced corporate occupancy in Manhattan and older office towers face vacancy — which is precisely why price opportunities exist. By contrast, small office condos for own use or professional niches, and mixed-use buildings in dense Queens and Brooklyn neighborhoods, have proven resilient: street retail on those corridors serves local demand, not corporate tourism. Typical mixed-use cap rates in the boroughs run above pure residential, and long-term appreciation tracks rezoning and densification (Flushing and Williamsburg are clear examples). How buying works for foreigners There are no nationality restrictions. Purchases are commonly made through an LLC (asset and estate protection), with a real-estate attorney as a practical requirement, title search/insurance, and closing in 60–90 days. Costs: ~3–5% (attorney, title, recording, city fees). Commercial financing for foreign nationals exists (typical 40–50% down). Rental income is declared in the U.S. (ITIN/LLC structure) and sales face FIRPTA withholding (15%, recoverable). In tenanted buildings, leases transfer with the property — lease quality is part of the value. Where the properties are: zone by zone Manhattan — office condos Our office suites sit in established residential addresses: Sutton Place and East 60th (Upper East Side — New York's classic medical-office axis, near the hospitals of "Bed Pan Alley"), Tudor City (steps from the UN, sought by consultancies and missions), West 86th (Upper West Side, strong for therapists and professionals) and East 10th/Greenwich Village . In all of them, the typical ground/mezzanine buyer is the appointment-based professional — a stable rental market largely insulated from the corporate cycle. Flushing and College Point (Queens) Queens' most dynamic commercial center: Main Street carries one of the city's highest pedestrian counts outside Manhattan. Our assets here include commercial buildings and property on Main Street itself. Local retail serves a dense, growing community — among the first in the city to recover in every recent cycle. Williamsburg (Brooklyn) From industrial district to global-brand address in twenty years. A commercial building here captures destination retail (fashion, dining) and some of the borough's highest residential rents. The 2005 rezoning keeps transforming blocks — this is a bet on continued densification. Astoria, Forest Hills and Maspeth (Queens) Neighborhood retail corridors (Steinway Street, Austin Street, Grand Avenue) with a solid residential base above. These are the city's bread-and-butter mixed-use assets: historically low vacancy, essential-service tenants, predictable income. Red Hook (Brooklyn), Staten Island and Mineola (Long Island) Red Hook blends light logistics, studios and a waterfront dining destination. Staten Island's retail center serves local demand with little new competition. Mineola — Nassau's county seat and home to NYU Langone LI hospital — has constant demand for medical offices and legal services by the courts. Income and typical numbers Orders of magnitude to calibrate expectations (always validate deal by deal): borough mixed-use buildings typically trade at cap rates of 5–7% — versus 3–4% for prime Manhattan residential — reflecting higher risk and management. In an office condo, the math that matters is: market rent minus common charges minus property tax; in serviced buildings those two costs can absorb 40–50% of gross rent — which is why owning the suite is usually worth more to the professional who uses it than to a pure landlord. In income buildings, value lives in the rent roll : long leases with stepped escalations command a premium; ground-floor vacancy is the main risk to price. Points to watch Post-pandemic office vacancy. Manhattan's office segment is still adjusting to hybrid work; buy an office condo for your own use or a niche (medical practices), not on a bet of fast corporate rent recovery. NYC commercial property tax is heavy and reassessments happen; the annual bill must enter the real cap-rate math. Common charges on office condos can be high in serviced buildings; some associations restrict uses (check the bylaws). Lower liquidity than residential. Commercial takes longer to sell; a 5+ year horizon is advised. Remote ownership requires a local property manager — budget 3–6% of revenue on income buildings. Zoning and use. What the property CAN be (medical, retail, office) is set by zoning/certificate of occupancy — confirm before buying; use changes are slow. None of this disqualifies the segment: these are the rules of a mature commercial market — they are priced in, and they are exactly why today's entry points exist. Who it makes sense for Professionals who want their own Manhattan premises; investors seeking dollar income at cap rates above residential; family offices starting in the U.S. with a mixed-use building. It makes less sense for buyers needing fast liquidity or a "set and forget" asset without management. Due diligence checklist A New York attorney specialized in commercial deals. Rent roll and current leases (terms, escalations, arrears). Certificate of occupancy and zoning vs intended use. Current property tax and reassessment risk. Structure (LLC) and FIRPTA/estate planning before the offer. Full building inspection (roof, boiler, elevators, DOB violations). New York commercial vs the alternatives Against Miami , NY offers market depth and essential-service tenants year-round — Miami leans more on migration and tourism cycles, though it has zero state income tax. Against commercial Lisbon/Porto (also in our portfolio), the U.S. entry ticket is higher, but liquidity, data transparency (rent rolls, public comps) and the credit market are unmatched. And within NY, versus residential: commercial yields more and demands more — buyers who want simplicity buy an apartment; buyers who want income and accept management buy commercial. The two coexist well in one portfolio. Final considerations New York commercial is a market of cycles — and adjustment cycles like the current office reset have historically been the best entry points for buyers of well-located, well-let assets. Our team supports the entire process, from selection to closing.