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Office Rents in NYC’s Midtown and Downtown Markets

Office Rents in NYC’s Midtown and Downtown Markets  

Midtown_&_Downtown_BoundariesOffice Rents in NYC’s Midtown and Downtown Markets have reached their peak following the recession of 2008. According to Costar, the Real Estate Information Company, at mid-year 2016 the average quoted asking rent in the Midtown market was $63.58 per square foot compared to Downtown’s $51.64. The Midtown market includes Grand Central, United Nations, Murray Hill, Penn Station/Fashion, Times Square, Columbus Circle and the Plaza districts. The Downtown market includes City Hall, Insurance, Financial, World Trade and Tribeca districts. The adjacent map and key will help you identify each of these areas. For rental and vacancy rates in each of the above districts link to our recent 2nd Quarter NYC Office Market report, here

Sample Midtown Offices for Rent in 2016

A small selection of quality commercial buildings with available office space is found below. Contact us for current rental rates and Tenant Incentives. Phone (212) 509-4049.

office rents

GRAND CENTRAL
60 East 42nd Street
Class A
Pre-built 3,631 RSF

 

 

 

 

 

 

 

 

 

office rents

UNITED NATIONS
800 Second Avenue
Class A
Pre-built 1,800 RSF

 

 

 

 

 

 

 

 

 

 

office rents

MURRAY HILL
183.Madison Avenue
Class B
Pre-built 4,543 RSF

 

 

 

 

 

 

 

 

 

 

 

 

 

office rents

PENN STA./ FASHION
112 West 34th Street
Class A
Pre-built 4,758 RSF

 

 

 

 

 

 

 

 

 

office rents

TIMES SQUARE
120 West 45th Street
“Tower 45” Class A
Build to Suit 4,725 RSF

 

 

 

 

 

 

 

 

 

 

 

 

 

 

office rents

COLUMBUS CIRCLE
888 Seventh Avenue
Class A
Pre-built 6,840 RSF

 

 

 

 

 

 

 

 

 

 

office rents

PLAZA DISTRICT
437 Madison Avenue
Class A
Pre-built 3,189 RSF

 

 

 

 

 

 

 

 

selection of downTOWN OFFICES FOR RENT IN 2016

A small sample of quality commercial buildings with available office space is found below. Contact us for current rental rates and Tenant Incentives. Phone (212) 509-4049.

CITY HALL 233 Broadway  Class A Landmark Build to Suit  Any Size Link here

CITY HALL
233 Broadway
Class A Landmark
Build to Suit Any Size
Link here

 

 

 

 

 

 

 

 

 

 

 

 

 

INSURANCE DISTRICT 110 William Street Class A Build to Suit 5,752 RSF Eligible for Municipal Rent Credits. Link here

INSURANCE DISTRICT
110 William Street
Class A
Build to Suit 5,752 RSF
Eligible for Municipal Rent Credits. Link here

 

 

 

 

 

 

 

 

 

 

office rents

FINANCIAL DISTRICT
14 Wall Street
Class A
Pre-built 4,979 RSF

 

 

 

 

 

 

 

 

 

WORLD TRADE #1 World Trade Center New Class A Tower Build to Suit Offices 2,747 RSF- full floor

WORLD TRADE
#1 World Trade Center
New Class A Tower
Build to Suit Offices
2,747 RSF- full floor

 

 

 

 

 

 

 

 

 

 

 

 

 

TRIBECA 55 Beach Street Newly Renovated Private floors  from 4,208 RSF

TRIBECA
55 Beach Street
Newly Renovated
Private floors
from 4,208 RSF

 

 

 

 

 

 

 

 

 

 

 

 

 

About Cogent Realty Advisors 

Cogent Realty Advisors is an independent and licensed NO FEE Realtor with over 15 years of experience representing businesses that lease NYC office space. Our goal is to secure the right office for your business at the right price. For information, phone Mitchell Waldman at (212) 509-4049.

 #officerents

 

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