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Office Space for Rent in Manhattan, NY - 1,730 Listings

  • 232 Madison Avenue - New York
    232 Madison Avenue, Murray Hill, New York, NY 10016
    For Lease $58/Sqft/Yearly
    Property
    • Office
    • B
    • 125,000 Sqft
    Availability
    • 1 Space
    • 2,406 Sqft
    Year Built
    • 1925
  • 160 Broadway - New York
    160 Broadway, Financial District, New York, NY 10038
    For Lease $40/Sqft/Yearly
    Property
    • Office
    • B
    • 113,600 Sqft
    Availability
    • 1 Space
    • 4,050 Sqft
    Year Built
    • 1908
  • 30 East 23rd Street - New York
    30 East 23rd Street, Flatiron District, New York, NY 10010
    For Lease $80/Sqft/Yearly
    Property
    • Office
    • C
    • 36,900 Sqft
    Availability
    • 1 Space
    • 3,000 Sqft
    Year Built
    • 1912
  • 43 East 67th Street, Lenox Hill, New York, NY 10065
    For Lease $165/Sqft/Yearly
    Property
    • Office
    • C
    • 9,540 Sqft
    Availability
    • 1 Space
    • 1,590 Sqft
    Year Built
    • 1910
  • 21 West 39th Street, Garment District, New York, NY 10018
    For Lease $42/Sqft/Yearly
    Property
    • Office
    • 15,000 Sqft
    Availability
    • 1 Space
    • 2,500 Sqft
  • 55 West 39th Street - New York
    55 West 39th Street, Garment District, New York, NY 10018
    For Lease $46/Sqft/Yearly
    Property
    • Office
    • B
    • 100,000 Sqft
    Availability
    • 1 Space
    • 2,400 Sqft
    Year Built
    • 1926
  • 226 East 54th Street - New York
    226 East 54th Street, Central Midtown, New York, NY 10022
    For Lease $43/Sqft/Yearly
    Property
    • Office
    • B
    • 31,000 Sqft
    Availability
    • 1 Space
    • 1,000 Sqft
    Year Built
    • 1985
  • 611 Broadway - New York
    611 Broadway, Greenwich Village, New York, NY 10012
    For Lease $58/Sqft/Yearly
    Property
    • Office
    • B
    • 213,300 Sqft
    Availability
    • 1 Space
    • 1,997 Sqft
    Year Built
    • 1894
  • 132 Perry Street - New York
    132 Perry Street, West Village, New York, NY 10014
    For Lease $75/Sqft/Yearly
    Property
    • Office
    • C
    • 40,403 Sqft
    Availability
    • 1 Space
    • 3,700 Sqft
    Year Built
    • 1990
  • 144 West 37th Street - New York
    144 West 37th Street, Garment District, New York, NY 10018
    For Lease $38/Sqft/Yearly
    Property
    • Office
    • C
    • 28,000 Sqft
    Availability
    • 1 Space
    • 1,500 Sqft
    Year Built
    • 1920
  • 343 Canal St, Soho, New York, NY 10013
    For Lease Contact for pricing
    Property
    • Office
    • 2,000 Sqft
    Availability Contact for availability
  • 270 Madison Avenue - New York
    270 Madison Avenue, Murray Hill, New York, NY 10016
    For Lease $60/Sqft/Yearly
    Property
    • Office
    Availability
    • 4 Spaces
    • 16,395 Sqft
  • 41 Wooster Street - New York
    41 Wooster Street, Soho, New York, NY 10013
    For Lease $60/Sqft/Yearly
    Property
    • Office
    Availability
    • 2 Spaces
    • 3,200 Sqft
  • 8 West 40th Street - New York
    8 West 40th Street, Garment District, New York, NY 10018
    For Lease $70/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 6,667 Sqft
  • 654 Madison - New York
    654 Madison Avenue, Lenox Hill, New York, NY 10065
    For Lease $95/Sqft/Yearly
    Property
    • Office
    Availability
    • 7 Spaces
    • 19,720 Sqft
  • Paramount Building - New York
    1501 Broadway, Theatre District - Times Square, New York, NY 10036
    For Lease $52 - $72/Sqft/Yearly
    Property
    • Office
    Availability
    • 17 Spaces
    • 110,787 Sqft
  • 240 West 40th Street - New York
    240 West 40th Street, Garment District, New York, NY 10018
    For Lease $65/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 5,709 Sqft
  • 25 West 39th Street - New York
    25 West 39th Street, Garment District, New York, NY 10018
    For Lease $60/Sqft/Yearly
    Property
    • Office
    Availability
    • 5 Spaces
    • 63,585 Sqft
  • 80 Pine Street - New York
    110 Maiden Lane, Financial District, New York, NY 10005
    For Lease $55/Sqft/Yearly
    Property
    • Office
    Availability
    • 2 Spaces
    • 14,695 Sqft
  • 135 Madison Avenue - New York
    135 Madison Avenue, Nomad, New York, NY 10016
    For Lease $130/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 3,000 Sqft
  • 50 Broadway - New York
    50 Broadway, Financial District, New York, NY 10004
    For Lease $48/Sqft/Yearly
    Property
    • Office
    Availability
    • 1 Space
    • 4,466 Sqft
  • 1290 Avenue of the Americas - New York
    1290 Avenue of the Americas, Central Midtown, New York, NY 10119
    For Lease $89/Sqft/Yearly
    Property
    • Office
    Availability
    • 3 Spaces
    • 61,458 Sqft
  • 660 Madison - New York
    660 Madison Avenue, Lenox Hill, New York, NY 10065
    For Lease $115/Sqft/Yearly
    Property
    • Office
    Availability
    • 2 Spaces
    • 21,214 Sqft
  • The Navarre Building - New York
    512 7th Avenue, Garment District, New York, NY 10018
    For Lease $65/Sqft/Yearly
    Property
    • Office
    Availability
    • 16 Spaces
    • 136,543 Sqft
  • 5 Hanover Square - New York
    5 Hanover Square, Financial District, New York, NY 10004
    For Lease $48 - $52/Sqft/Yearly
    Property
    • Office
    Availability
    • 9 Spaces
    • 74,730 Sqft

Manhattan, NY Office Overview

Location Photo

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

As of mid-2017, the office market in Manhattan contains over 465 million square feet of existing office space in properties larger than 50,000 square feet. Home to Wall Street and the Financial District, the commercial real estate market in Manhattan 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 office inventory in Manhattan consists of 1,285 buildings and over 465 million square feet of Manhattan office space - 68% of which is Class A+ or Class A office space, and nearly 31% Class B office 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 Lower Manhattan 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 of Manhattan are as diverse as the people, business and industry in New York and include neighborhoods such as Chelsea, the Flatiron and Garment Districts, Murray Hill 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.

Manhattan, NY Commercial Inventory Breakdown

Office Spaces

Total: 525,463,594 SF

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

By square footage range:

  • 50k to 100k SF: 27,590,799 SF / 5.25% of total office
  • 100k to 500k SF: 157,532,207 SF / 29.98% of total office
  • 500k to 1M SF: 119,707,069 SF / 22.78% of total office
  • > 1M SF: 220,633,519 SF / 41.99% of total office

By class:

  • Class A+: 142,023,349 SF / 27.03% of total office
  • Class A: 208,013,771 SF / 39.59% of total office
  • Class B: 147,318,857 SF / 28.04% of total office
  • Class C: 7,557,874 SF / 1.44% of total office

Manhattan, NY Green Office Space

Employment

Less than 1% of the office buildings in Manhattan are LEED certified, which some may find surprising, given that this is what many would argue is the #1 office market in the world. But as home to the global financial center of Wall Street and the United Nations Headquarters green office space in Manhattan is a trend that is continuing to grow..

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 commercial office buildings in Manhattan. Tenants seeking Class A space are more likely to demand LEED certified office space in Manhattan 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 Manhattan office 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 office buildings in Manhattan 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 to Manhattan, New York’s high rate of white collar office-working employment.
  • Corporate Headquarters – Manhattan, NY 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 office market has evolved into the nation's “Silicon Alley,” with Verizon Communications, Pfizer and Eli Lilly Company as just three examples.
  • Tourism & Real Estate – Manhattan 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

Executive Summary Office sales volume drops 26% y-o-y, closes Q2 at $1.9 billion Average sale prices drop to $556/sq.ft., lowest in five years Google buys Milk Building for $592 million in largest Q2 office transaction Average asking price for trophy office space hits $94/Sq.Ft. in Q2, A+ vacanc...

SL Green Realty announced signing Ulta Beauty Inc., to the retail roster at 2 Herald Square. The deal puts the largest beauty retailer in the U.S. in a 12,040-square-foot store located at the intersection of Sixth Avenue, Broadway, and 34th Street. This highly coveted corner of Herald Square is ...

Located at the junction of Eighth Avenue and 40th and 41st Streets, The New York Times Building is the 8th tallest construction in The Big Apple, situated in famous Times Square. It serves as the state-of-the-art headquarters of one of the most prominent newspapers in the world, The New York Tim...