Warehouse rent in New York
New York warehouse rent: 5 metros, $6.64 to $27.59 per square foot. Cushman & Wakefield Q1 2026 industrial asking rents.
Q1 2026 metros
The Cushman & Wakefield United States Industrial Marketbeat for Q1 2026 (preliminary) lists 5 metros in New York. It does not publish a statewide asking rent, and the table repeats each metro figure on its own. The lowest overall asking rent among these 5 metros is $6.64 per square foot in Syracuse, NY. The highest is $27.59 per square foot in NY Outer Boroughs. The national overall asking rent in that report is $10.20 per square foot, which is not a New York rate. Vacancy in the table is each metro overall vacancy from the same report.
| Metro | Overall asking rent (NNN, $/sf/yr) | Vacancy |
|---|---|---|
| Buffalo, NY | $7.50 | 7.0% |
| Long Island, NY | $19.15 | 5.2% |
| NY Outer Boroughs | $27.59 | 6.8% |
| Rochester, NY | $6.80 | 6.6% |
| Syracuse, NY | $6.64 | 5.6% |
Source / as of: Cushman & Wakefield, United States Industrial Marketbeat, Q1 2026 (preliminary). Overall weighted asking rent, NNN, all property types.