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Office Space for Rent in Manhattan, NY - 1,806 Listings

  • 164 West 25th Street, Chelsea, New York, NY 10001
    Contact for pricing
    Property
    • Office
    • 4,500 Sqft
    Availability
    • 1 Space
    • 4,500 Sqft
  • 147 West 35th Street - New York
    147 West 35th Street, Garment District, New York, NY 10001
    Contact for pricing
    Property
    • Office
    • 99,184 Sqft
    Availability
    • 1 Space
    • 670 Sqft
  • 343 Canal St, Soho, New York, NY 10013
    Contact for pricing
    Property
    • Office
    • 2,000 Sqft
    Availability Contact for availability
  • 20 West 20th Street - New York
    20 West 20th Street, Flatiron District, New York, NY 10011
    For Lease $144 - $150/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 300 Sqft
  • The New York Gallery Building - New York
    24 West 57th Street, Central Midtown, New York, NY 10019
    For Lease $72 - $75/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 22,501 Sqft
  • 255 West 36th Street - New York
    255 West 36th Street, Garment District, New York, NY 10018
    For Lease $44 - $48/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 8,800 Sqft
  • 3 West 35th Street - New York
    3 West 35th Street, Koreatown, New York, NY 10001
    For Lease $48/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 8,160 Sqft
  • 134 West 37th Street - New York
    134 West 37th Street, Garment District, New York, NY 10018
    For Lease $47/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 10,000 Sqft
  • The Cable Building - New York
    611 Broadway, Greenwich Village, New York, NY 10012
    For Lease $62 - $64/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 10,320 Sqft
  • 150 West 30th Street - New York
    150 West 30th Street, Chelsea, New York, NY 10001
    For Lease $54 - $59/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 20,900 Sqft
  • 307 Seventh Avenue - New York
    307 7th Avenue, Chelsea, New York, NY 10001
    For Lease $37/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 3,830 Sqft
  • 242 West 30th Street - New York
    242 West 30th Street, Chelsea, New York, NY 10001
    For Lease $48/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 8,650 Sqft
  • 4 New York Plaza - New York
    115 Broad Street, Financial District, New York, NY 10004
    For Lease $39/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 22,718 Sqft
  • 355 Lexington Avenue - New York
    355 Lexington Avenue, Murray Hill, New York, NY 10017
    For Lease $55 - $62/Sqft/Year
    Property
    • Office
    Availability
    • 8 Spaces
    • 58,410 Sqft
  • Westinghouse Building - New York
    150 Broadway, Financial District, New York, NY 10038
    For Lease $49/Sqft/Year
    Property
    • Office
    Availability
    • 10 Spaces
    • 47,585 Sqft
  • Tower 45 - New York
    120 West 45th Street, Theatre District - Times Square, New York, NY 10036
    For Lease $70 - $80/Sqft/Year
    Property
    • Office
    Availability
    • 7 Spaces
    • 43,621 Sqft
  • 247 West 37th Street - New York
    247 West 37th Street, Garment District, New York, NY 10018
    For Lease $43/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 5,176 Sqft
  • 17 Battery South - New York
    17 Battery Place, Financial District, New York, NY 10004
    For Lease $45/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 6,194 Sqft
  • 11 East 44th Street - New York
    11 East 44th Street, Central Midtown, New York, NY 10017
    For Lease $63/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 2,206 Sqft
  • The Exchange - New York
    15 West 47th Street, Central Midtown, New York, NY 10036
    For Lease $55/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 2,900 Sqft
  • Broad Financial Center - New York
    33 Whitehall Street, Financial District, New York, NY 10004
    For Lease $55 - $70/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 42,824 Sqft
  • 275 Seventh Avenue - New York
    275 7th Avenue, Chelsea, New York, NY 10001
    For Lease $66/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 5,008 Sqft
  • 159 West 25th Street - New York
    159 West 25th Street, Chelsea, New York, NY 10001
    For Lease $47/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 15,000 Sqft
  • 126 East 126th Street & 135 East 125th Street - New York
    126 East 126th Street, East Harlem, New York, NY 10035
    For Lease $150/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 2,600 Sqft
  • 12 West 21st Street - New York
    12 West 21st Street, Flatiron District, New York, NY 10010
    For Lease $65/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 5,274 Sqft

Manhattan, NY Office Overview

Location Photo

Manhattan is the most densely populated borough of New York City and includes the submarkets of Downtown Manhattan and Midtown Manhattan. The market has a significant impact on global commerce, with the commercial real estate market being powered by the finance, media, art, fashion, entertainment and technology industries.

As of mid-2017, the market contains over 465 million square feet of existing space in properties larger than 50,000 square feet. Home to Wall Street and the Financial District, the commercial real estate market here is one of the strongest in the world.

Manhattan, NY Office Inventory Description

During the first few months of this year, leasing activity in Downtown Manhattan alone has surpassed 2.3 million square feet in transaction volume. The existing inventory consists of 1,285 buildings and over 465 million square feet of office space - 68% of which is Class A+ or Class A, and nearly 31% Class B inventory.

Home to the financial center of the world and the World Trade Center, leasing transactions in Lower Manhattan continue to drive the vacancy rates down. Recent leasing activity at 200 Vesey Street, 28 Liberty Street and 1 Liberty Plaza alone account for over 1 million square feet of space leased.

The office submarkets are as diverse as the people, business and industry in New York and include neighborhoods such as Chelsea, Harlem, TriBeCa and SoHo. Office buildings in Chelsea, such as 5 Manhattan West and the Iron Works, continue to command top dollar for rents, as does 8 West 40th Street in the Garment District. The developments in the Hudson Yards neighborhood also contribute to local inventory.

Manhattan, NY Commercial Inventory Breakdown

Office Spaces

Total: 532,452,505 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 28,237,376 SF / 5.3% of total office
  • 100k to 500k SF: 159,655,165 SF / 29.98% of total office
  • 500k to 1M SF: 121,562,753 SF / 22.83% of total office
  • > 1M SF: 222,997,211 SF / 41.88% of total office

By class:

  • Class A+: 142,472,421 SF / 26.76% of total office
  • Class A: 212,550,363 SF / 39.92% of total office
  • Class B: 147,878,881 SF / 27.77% of total office
  • Class C: 8,023,984 SF / 1.51% of total office

Top 10 Largest Office Buildings

in Manhattan

Office building Address Sqft Year built
55 Water Street 55 Water Street, 10004 3,642,167 1973
111 Eighth Avenue 111 8th Avenue, 10011 2,950,000 1931
50 Hudson Yards 415 10th Avenue, 10001 2,900,000 2022
The Spiral 66 Hudson Blvd, 10001 2,800,000 2022
3 World Trade Center 175 Greenwich Street, 10006 2,800,000 2018
2 World Trade Center 200 Greenwich Street, 10006 2,800,000 n/a
15 Penn Plaza 401 7th Avenue, 10001 2,800,000 n/a
Paramount Plaza 1633 Broadway, 10019 2,643,066 1972
One New York Plaza 1 New York Plaza, 10004 2,583,000 1969
4 World Trade Center 4 World Trade Center, 10006 2,500,000 2013

Most Recently-Built Office Buildings

in Manhattan

Office building Address Sqft Year built
35 Hudson Yards 560 West 33rd Street, 10001 556,968 2019
Solar Carve Tower 40 10th Avenue, 10014 139,000 2019
100 East Broadway 100 East Broadway, 10002 63,732 2019
257-263 West 34th Street 257 West 34th Street, 10123 42,678 2019
3 World Trade Center 175 Greenwich Street, 10006 2,800,000 2018
55 Hudson Yards 550 West 34th Street, 10001 1,278,997 2018
375 Pearl 375 Pearl Street, 10038 1,149,500 2018
787 11th Avenue 787 11th Avenue, 10019 513,638 2018
NYU Langone Medical Center Science Building 435 East 30th Street, 10016 365,000 2018
413W14 & 412W15 412 West 15th Street, 10011 239,747 2018

Manhattan, NY Green Office Space

Employment

Less than 1% of the office buildings in the borough are LEED certified, which some may find surprising, given that this is what many would argue is the #1 office market in the world. However, the amount of green inventory has been increasing as of late.

Along the Avenue of the Americas, the Time-Life Building at 1271 Avenue Of The Americas holds a LEED-silver certification and the Hearst Tower at 300 West 57th Street in Midtown became the first LEED-platinum building in the area. Tenants seeking Class A space are more likely to demand LEED certified space from landlords, as the Leadership in Energy and Efficiency Design designation emphasizes an overall efficiency status.

The 2017 National Green Building Adoption Index looked at commercial office properties in 30 major U.S. markets and found that, including EPA Energy Star-labeled buildings, the percentage of green certification has increased from under 5% in 2005 to 38% as of mid-2017.

Manhattan, NY's Top Office-Using Sectors

The market remains robust, due to its status as the cultural, financial, media and entertainment capital of the world. Global investors from all parts of the world are attracted to Manhattan and help contribute to the metropolitan area's annual gross domestic product of over $1.2 billion.

Class A buildings larger than 50,000 square feet see continuous demand from both investors and tenants in the major business sectors of finance, corporate headquarters, technology and bio-tech, tourism, media and real estate.

  • Finance – As headquarters for the U.S. financial industry, Lower Manhattan is home to NASDAQ, New York Stock Exchange, and New York Board of Trade, which greatly contribute white-collar employment.
  • Corporate Headquarters – The borough is home to the greatest number of corporate headquarters of any city in the U.S., with companies such as American Express and Bank of America.
  • Technology & Bio-Tech – The Manhattan market has evolved into the nation's “Silicon Alley,” with Verizon Communications, Pfizer and Eli Lilly Company as just three examples.
  • Tourism & Real Estate – The area is home to some of the world's most valuable office buildings, including Time Warner Center and the Waldorf Astoria New York hotel.
  • Media – World-renowned publications such as the New York Times, the Wall Street Journal and the Village Voice all call Manhattan home.

Manhattan Demographics

Population

  • Total Population1,619,886
  • Male Population(47.3 %) 766,241
  • Female Population(52.7 %) 853,645
  • Median Age36.40

Income/Financial

  • Average Household Income$124,909
  • Median Household Income$106,056
  • Median Income Under 25$48,990
  • Median Income 25-44$132,284
  • Median Income 45-64$102,656
  • Median Income Over 65$44,277

News

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Executive Summary Office sales volume drops 34% y-o-y, closes Q3 at $2.9 billion The average sales price per square foot reaches a 4-year high of $1,676 Largest Q3 deals see The Coca-Cola Co. Building change hands twice for more than $900 million Asking prices for A+ office space leases average ...