Highlights
- The average rent for office space in Valhalla is $28.96 per square foot, 0.20% higher compared to the previous year.
- The market’s vacancy rate stands at 26.65%, higher than the state average of New York, which is 18.11%.
2025 Office Space Rent & Sales
- $28.96 2025 Avg. Asking Rent
- 0.20% Y-o-Y Avg. Asking Rent Change
- 26.65% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Valhalla?
Average asking rents for office space here stand at $28.96 per square foot. The local office market recorded an average vacancy rate of 26.65% in 2025, unchanged from 26.65% in 2024.
Valhalla, NY Office Asking Rents by Class
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.
Valhalla, NY Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Greenburgh | $28.63 | 17.56% |
| Mount Pleasant | $27.86 | 18.08% |
Office Construction in Valhalla, NY
What are the largest recent office completions in Valhalla?
The largest recent office completion here is Summit at Valhalla - 100 Summit Lake Drive at 249,551 square feet, completed in 1988. The next largest completions are 400 Columbus Avenue and 400 Columbus Avenue.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 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 |
| 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 |
| 400 Columbus Avenue | 400 Columbus Avenue, 10595 | 147,420 | 1970 |
| 400 Columbus Avenue | 400 Columbus Avenue, 10595 | 147,420 | 1970 |
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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.