2024 Office Space Rent & Sales
- $28.90 2024 Avg. Asking Rent
- 32.28% 2024 Office Vacancy Rate
Valhalla office price per square foot in 2024 was $28.90 on average. The local office market recorded an average vacancy rate of 32.28% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- New York Class A & A+ Office Space$59.04
- New York Class B Office Space$43.55
- New York Class C Office Space$35.67
Valhalla, NY Office Asking Rents by Class
2024 Office Vacancy Rates in Valhalla
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Greenburgh | $28.35 | 22.55% |
Mount Pleasant | $28.24 | 22.56% |
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2024 Office Construction in Valhalla, NY
Office building | Address | SF | Completed |
---|---|---|---|
Summit at Valhalla - 200 Summit Lake Drive | 200 Summit Lake Drive, 10595 | 240,834 | 1990 |
Summit at Valhalla - 100 Summit Lake Drive | 100 Summit Lake Drive, 10595 | 249,551 | 1988 |
Mid-Westchester Executive Park - 7 Skyline Drive | 7 Skyline Drive, 10532 | 109,000 | 1988 |
Mid-Westchester Executive Park | 7 Skyline Drive, 10532 | 106,000 | 1987 |
Summit at Valhalla - 500 Summit Lake Drive | 500 Summit Lake Drive, 10595 | 216,316 | 1986 |
Mount Pleasant Corporate Center - 115 Stevens Avenue | 115 East Stevens Avenue, 10595 | 131,457 | 1984 |
Mount Pleasant Corporate Center - 117 Stevens Avenue | 117 East Stevens Avenue, 10595 | 52,000 | 1984 |
Diamond Corporate Park | 400 Columbus Avenue, 10595 | 137,000 | 1970 |
Worth noting among recent office completions on the Valhalla market is Summit at Valhalla - 200 Summit Lake Drive, which is currently the largest new office development in the city, at 240,834 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Valhalla commercial properties sized 25,000 square feet or larger.
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 CommercialEdge can guarantee that the information provided is complete.