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White Plains Office Rent Price & Sales Report

Highlights

  • The average rent for office space in White Plains is $41.82 per square foot, 5.76% higher compared to the previous year.
  • The market’s vacancy rate stands at 16.85%, lower than the state average of New York, which is 18.11%.

2025 Office Space Rent & Sales

  • $41.82 2025 Avg. Asking Rent
  • 5.76% Y-o-Y Avg. Asking Rent Change
  • 16.85% 2025 Office Vacancy Rate

What is the average asking rent price for office space in White Plains?

Average asking rents for office space here stand at $41.82 per square foot. The local office market recorded an average vacancy rate of 16.85% in 2025, unchanged from 16.85% in 2024.

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White Plains, NY Office Asking Rents by Class

What is the average office rent per square foot by property class in White Plains?

  • Avg. Asking Rent Class A & A+$42.80
  • Avg. Asking Rent Class B$31.59

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.

White Plains, NY Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in White Plains was North Castle at 2.98%. Meanwhile, the highest office vacancy rate in the market was 21.33%, recorded in White Plains - West.
Submarket Asking Rents Vacancy Rates
White Plains - West $43.16 21.33%
White Plains - East $36.66 6.76%
Greenburgh $28.63 17.56%
North Castle $28.61 2.98%
Data provided by Yardi Research

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What are the largest recent office completions in White Plains?

The largest recent office completion here is Gateway One at 525,000 square feet, completed in 1985. The next largest completions are City Square - 50 Main Street and 10 Bank Street.

Office building Address SF Completed
10 Bank Street 10 Bank Street, 10606 235,285 1989
City Square - 50 Main Street City Square - 50 Main Street, 10606 309,000 1986
222 Bloomingdale Road 222 Bloomingdale Road, 10605 142,172 1986
Gateway One 1 North Lexington Avenue, 10601 525,000 1985
399 Knollwood Road 399 Knollwood Road, 10603 142,460 1985
81 Main Street 81 Main Street, 10601 121,696 1984
2 Lyon Pl 2 Lyon Pl, 10601 17,061 1984
2 Lyon Pl 2 Lyon Pl, 10601 16,605 1984
12 Water Street 12 Water Street, 10601 45,864 1983
297 Knollwood Road 297 Knollwood Road, 10607 35,000 1980
Data provided by Yardi Research

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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.

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