Valhalla Office Rent Price & Sales Report

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%
Data provided by Yardi Research
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Valhalla market was 32.28% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Valhalla was 22.55% in the Greenburgh submarket, while the highest office vacancy in the market was 22.56%, recorded in Mount Pleasant.

Office Spaces for Rent in New York

Coworking Spaces in New York

2024 Office Construction in Valhalla, NY

Largest Office Properties Recently Completed in Valhalla
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
401 Columbus Avenue 401 Columbus Avenue, 10595 29,100 1986
401 Columbus Ave 401 Columbus Ave, 10595 26,508 1985
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 - 100 Summit Lake Drive, which is currently the largest new office development in the city, at 249,551 square feet.

Data provided by Yardi Research

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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 Yardi Research Data, 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 Yardi Research Data can guarantee that the information provided is complete.