Highlights
- The average rent for office space in Garden City is $33.11 per square foot, 9.76% lower compared to the previous year.
- The market’s vacancy rate stands at 15.40%, lower than the state average of New York, which is 18.11%.
- Renting Class A/A+ office space here costs $34.52 per square foot, while Class B averages $30.99 and Class C stands at $30.50.
2025 Office Space Rent & Sales
- $33.11 2025 Avg. Asking Rent
- -9.76% Y-o-Y Avg. Asking Rent Change
- 15.40% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Garden City?
Average asking rents for office space here stand at $33.11 per square foot. The local office market recorded an average vacancy rate of 15.40% in 2025, unchanged from 15.40% in 2024.
Garden City, NY Office Asking Rents by Class
What is the average office rent per square foot by property class in Garden City?
- Avg. Asking Rent Class A & A+$34.52
- Avg. Asking Rent Class B$30.99
- Avg. Asking Rent Class C$30.50
The average asking rent for Class A and A+ office space stood at $34.52 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Garden City averaged $30.99 per square foot, while the average for Class C space was $30.50 per square foot.
What is the average office rent per square foot by property class in NY?
- Avg. Asking Rent Class A & A+$55.44
- Avg. Asking Rent Class B$43.40
- Avg. Asking Rent Class C$32.95
For comparison, the average rent for Class A and A+ office space in New York was $55.44 per square foot. The state-wide average for Class B space was $43.40 per square foot, and Class C office spaces averaged $32.95 per square foot.
Office Construction in Garden City, NY
What are the largest recent office completions in Garden City?
The largest recent office completion here is Franklin Avenue Plaza - 1225 Franklin Avenue at 198,066 square feet, completed in 1980. The next largest completions are Franklin Avenue Plaza - 1325 Franklin Avenue and Garden City Plaza.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Franklin Avenue Plaza - 1225 Franklin Avenue | 1225 Franklin Avenue, 11530 | 198,066 | 1980 |
| Franklin Avenue Plaza - 1325 Franklin Avenue | 1325 Franklin Avenue, 11530 | 198,066 | 1979 |
| Franklin Avenue Plaza - 1305 Franklin Avenue | 1305 Franklin Avenue, 11530 | 54,120 | 1979 |
| Garden City Plaza | 200 Garden City Plaza, 11530 | 125,000 | 1971 |
| 500 Old Country Road | 500 Old Country Road, 11530 | 42,000 | 1967 |
| 500 Old Country Road | 500 Old Country Road, 11530 | 48,380 | 1966 |
| 112-114 7th St | 112-114 7th St, 11530 | 6,600 | 1962 |
| 1415 Kellum Place | 1415 Kellum Place, 11530 | 89,598 | 1953 |
See reports for other markets
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.