2020 Office Space Rent & Sales
- $30.10 2020 Avg. Asking Rent
- 1.30 % Y-o-Y Avg. Asking Rent Change
- 20.95 % 2020 Office Vacancy Rate
Valhalla office price per square foot in 2020 was $30.10 on average. This marked a +1.30 % change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 20.95 % across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Valhalla Class A Office Space$30.10
- New York Class A Office Space$68.40
- New York Class B Office Space$34.41
- New York Class C Office Space$25.31
Valhalla, NY Office Asking Rents by Class
2020 Office Construction in Valhalla, NY
- Valhalla, NY Total Sqft completed in 2020 114,000
During 2020, 114,000 square feet of new office space were delivered across the market. At the close of 2020, the Valhalla office inventory included 1 buildings equal to or larger than 25,000 square feet, which comprised 114,000 square feet of office space.
|PepsiCo R&D Facility||50 East Stevens Avenue, 10595||114,000||2020|
|Summit at Valhalla - 200 Summit Lake Drive||200 Summit Lake Drive, 10595||240,834||1990|
|Mid-Westchester Executive Park - 17 Skyline Drive||17 Skyline Drive, 10532||85,000||1990|
|Summit at Valhalla - 100 Summit Lake Drive||100 Summit Lake Drive, 10595||249,551||1988|
|Summit at Valhalla - 500 Summit Lake Drive||500 Summit Lake Drive, 10595||216,316||1986|
|401 Columbus Avenue||401 Columbus Avenue, 10595||26,508||1985|
|Mount Pleasant Corporate Center - 115 Stevens Avenue||115 East Stevens Avenue, 10595||130,000||1984|
|Mount Pleasant Corporate Center - 117 Stevens Avenue||117 East Stevens Avenue, 10595||50,000||1984|
|Mid-Westchester Executive Park - 3 Skyline Drive||3 Skyline Drive, 10532||123,713||1981|
|420 Columbus Avenue||420 Columbus Avenue, 10595||50,146||1970|
Worth noting among recent office completions on the Valhalla market is PepsiCo R&D Facility, which is currently the largest new office development in the city, at 114,000 square feet.
See reports for nearby markets
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 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. 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.