77 West 55th Street

New York, New York 10019 38 W 39th St. NY NY 10018

212-581-3003

24/7 Customer Support

Mon - Fri: 24/7

Always open online

Affordable Office Space for Rent in NYC

Featured
  • $76 per SF
866 Second Ave New York, NY

866 Second Ave New York, NY 10017 – 2 Dag Hammarskjold Plaza – Class A Office/Medical space for rent, Near United Nations

  • $76 per SF
866 2nd Avenue, New York, NY, USA

866 Second Ave New York, NY 10017   866 Second Ave New York, NY 10017 Cross Street:  East 47th St.  […]

  • 6450 Sq Ft
  • $76 per SF
  • Medical Office Space, Office Space, Showroom Space
Details

United Nations, Midtown Manhattan

4 months ago
Featured
  • $60 per SF $2500 /month
30 E 60th Street, NY, NY Office Medical space for lease 500-25000 sq ft

30 E 60th Street, NY, NY Office Medical space for lease 500-25000 sq ft

  • $60 per SF $2500 /month
30 E 60th St, New York, NY 10022, USA

30 E 60th Street, NY, NY Office Medical space for lease 500-25000 sq. ft.
$60-70 per Sq. Ft. Office or Medical space for lease 800 -1500 – 2500 – 4500-7800 10,000 sf plus

 We will accommodate any size 800-25,000 sf.

  • 500 - 20,000 Sq Ft
  • $60 per SF $2500 /month
  • Medical Office Space, Office Space
Details

Upper East Side, Plaza District

4 months ago

Lexington Ave, Grand Central Built and Furnished Office Space for Lease/Sublease 1,700 – 5,000 SF

  • Low price sublet
Lexington Ave, New York, NY 10017, USA

Lexington Ave, Grand Central Built and Furnished Office Space for Lease/Sublease 1,700 – 5,000 SF   Lexington Ave, Grand Central […]

  • 1700 - 5000 Sq Ft
  • Low price sublet
  • Office Space
Details

Grand Central, Lexington Ave

6 months ago
  • Upon request
250 W 54th St. 4

250 W 54th St, Columbus Circle, NYC Class B Office space for lease

  • Upon request
250 W 54th St, New York, NY 10019, USA

250 W 54th St, Columbus Circle, NYC Class B Office space for lease.  Very affordable rent prices ! 7th floor […]

  • 1850 - 3000-10,000 Sq Ft
  • Upon request
  • Office Space, Medical Office Space
Details

Columbus Circle, Midtown Manhattan

6 months ago
  • $48 PSF $32,400 /month
Murray Hill, Fifth Ave, Built Office/Medical Space For Rent 8,100 SF

Murray Hill, Fifth Ave, Built Office/Medical Space For Rent 8,100 SF

  • $48 PSF $32,400 /month
5th Ave, New York, NY 10016, USA

Murray Hill, Fifth Ave, Built Office/Medical Space For Rent 8,100 SF   Murray Hill, Fifth Ave, Built Office/Medical Space For […]

  • 8100 Sq Ft
  • $48 PSF $32,400 /month
  • Medical Office Space, Office Space
Details

Murray Hill, 5th Avenue

7 months ago

Penn Station, NY, Class A Office space 5,000 -10,000 sq ft. for sublease

W 33rd St, New York, NY 10001, USA

Penn Station, NY, Class A Office space 5,000 -10,000 sq ft. for lease- sublease   High Floors 5,000 – 10,000 […]

  • 5000 - 10,000 Sq Ft
  • Office Space
Details

Hudson Square, Penn Station, Midtown Manhattan

7 months ago
  • Upon request
750 Lexington Ave NYC, Class A Office space for rent 2300-5000 SF in UES

750 Lexington Ave NYC, Class A Office space for rent 2300-5000 SF in UES

  • Upon request
750 Lexington Ave, New York, NY 10022, USA

750 Lexington Ave NYC, Class A Office space for rent 2300-5000 SF in UES   750 Lexington Ave NYC, Class […]

  • 2300 - 5000 Sq Ft
  • Upon request
  • Office Space
Details

Upper East Side, Lexington Ave, Midtown Manhattan

7 months ago

405 Lexington Ave Chrysler Building Class A Office for sublease, Grand Central Station

  • Upon request
405 Lexington Ave, New York, NY 10174, USA

405 Lexington Ave Chrysler Building Class A Office for sublease/lease, Grand Central  Station   High floors – 3,200 – 7,500 […]

  • 3200 - 7,500 Sq Ft
  • Upon request
  • Office Space
Details

Grand Central, Midtown Manhattan

7 months ago
Featured
  • low price sublease
One Penn Plaza NYC Class A Office space 5,000-10,000 Sq. Ft. for sublease

One Penn Plaza NYC Class A Office space 5,000-10,000 Sq. Ft. for sublease

  • low price sublease
250 W 34th St, New York, NY 10119, USA

One Penn Plaza NYC Class A Office space 5,000-10,000 Sq. Ft. for sublease   High Floor  – One Penn Plaza. […]

  • 5000 - 10,000 Sq Ft
  • low price sublease
  • Office Space
Details

Penn Station, Midtown Manhattan

7 months ago

Affordable Office Space for Rent in NYC

The Need for Affordable Office Space in NYC

In the bustling city of New York, finding affordable office space can feel like searching for a needle in a haystack. With soaring real estate prices and high demand, entrepreneurs and small business owners often find themselves in a quandary when it comes to securing a suitable workspace that doesn’t break the bank.

The competitive nature of the New York City real estate market can be intimidating, but with the right approach, finding affordable office space is not an insurmountable task. Understanding the unique dynamics of the NYC rental market is crucial to identifying hidden gems that offer value without compromising on quality.

Uncovering Hidden Gems in the Concrete Jungle

While prime locations in Manhattan may come with a hefty price tag, exploring office space options in the outer boroughs such as Brooklyn, Queens, or the Bronx can reveal a treasure trove of affordable alternatives. These up-and-coming neighborhoods offer a diverse range of office spaces that cater to different budgets and preferences.

Embracing Flexibility in Office Space Solutions

In a city where change is the only constant, opting for flexible office space solutions can provide the agility and cost-effectiveness that modern businesses require. Co-working spaces, shared offices, and virtual office arrangements are gaining popularity among startups and freelancers looking for affordable yet professional work environments.

The Power of Networking and Collaboration

Beyond cost considerations, choosing the right office space in NYC is also about fostering a conducive environment for creativity and collaboration. Shared workspaces not only offer cost savings but also facilitate networking opportunities and the exchange of ideas that can propel your business to new heights.

Making Your Mark in the Big Apple

In the concrete jungle where dreams are made, finding affordable office space is a rite of passage for many entrepreneurs. By approaching the search with a mix of pragmatism and creativity, you can secure a workspace that not only fits your budget but also fuels your aspirations for growth and success in the vibrant city of New York.

MANHATTAN OFFICE SPACE MARKET INFORMATION

  • INVENTORY SF 532 M,  Prior Period 531 M
  • UNDER CONSTRUCTION SF 6.5 M, Prior Period 7.1 M
  • VACANCY RATE 15.5%,  Prior Period 15,9% 
  • AVERAGE MARKET RENT/SF  $77, Prior Period $76.50
  • MARKET SALE PRICE/SF  $680, Prior Period $750 
  • MARKET CAP RATE  6.2%, Prior Period 5.8%

Availability

  • Vacant SF 82 M, Sublet SF 15 M
  • Availability Rate 15.5%, Available SF 84 M
  • Available average Asking Rent/SF $55
  • Occupancy Rate 85%, Percent Leased Rate 90%

Office Sales Past Year

  • Asking Price Per SF $635
  • Sale to Asking Price Differential -20%
  • Sales Volume $9 B
  • Properties Sold 195
  • Months to Sale 14
  • For Sale Listings 220
  • Total For Sale SF 5.1 M

Demand

  • 12 Months Net Absorp % of Inventory 0.5%
  • 12 Months Leased SF 41 M
  • Months on Market 15
  • Months to Lease 10
  • Months Vacant 10
  • 24 Months Lease Renewal Rate 47%
  • Population Growth 5 Years -6% 
nyc.manhattan2

866 Second Ave New York, NY 10017 – 2 Dag Hammarskjold Plaza – Class A Office/Medical space for rent, Near United Nations

  • $76 per SF
  • 6450 Sq Ft
  • $76 per SF
Featured

30 E 60th Street, NY, NY Office Medical space for lease 500-25000 sq ft

  • $60 per SF $2500 /month
  • 500 - 20,000 Sq Ft
  • $60 per SF $2500 /month
Featured

Lexington Ave, Grand Central Built and Furnished Office Space for Lease/Sublease 1,700 – 5,000 SF

  • Low price sublet
  • 1700 - 5000 Sq Ft
  • Low price sublet

30 E 60th Street, NY, NY, Retail, Art Gallery space for lease, UES

  • Upon request
  • 1700 - 3500 Sq Ft
  • Upon request

250 W 54th St, Columbus Circle, NYC Class B Office space for lease

  • Upon request
  • 1850 - 3000-10,000 Sq Ft
  • Upon request

Murray Hill, Fifth Ave, Built Office/Medical Space For Rent 8,100 SF

  • $48 PSF $32,400 /month
  • 8100 Sq Ft
  • $48 PSF $32,400 /month

Compare listings

Compare