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

Financial District Office Space

Featured
  • Low Low price
Downtown Class A Pre-Built Office space

Downtown Class A Pre-Built Office space for Sublease 5,000-10,000 SF

  • Low Low price
Vesey St, New York, NY, USA

Downtown Class A Pre-Built Office space for Sublease 5,000-10,000 SF   5,000 – 10,000 SF,  High floor, low low price.   […]

  • 5 - 10,000 Sq. Ft.
  • Low Low price
  • Office Space
Details

Downtown Manhattan, Financial District

6 months ago
  • $9,100,600
Maiden Ln, Financial District, Commercial Office Condo Space For Sale 18,300 SF

Maiden Ln, Financial District, Commercial Office Condo Space For Sale 18,300 SF

  • $9,100,600
Maiden Ln, New York, NY 10038, USA

Maiden Ln, Financial District, Commercial Office Condo Space For Sale 18,300 SF   Maiden Ln, Financial District, Commercial Office Condo […]

  • 18300 Sq Ft
  • $9,100,600
  • Commercial Condo, Investment Properties, Office Space
Details

Financial District

7 months ago
  • Price Upon Request
Broadway, Financial District, Commercial Ofiice Condo Space For Sale 9,400 SF

Broadway, Financial District, Commercial Ofiice Condo Space For Sale 9,400 SF

  • Price Upon Request
Broadway, New York, NY 10007, USA

Broadway, Financial District, Commercial Ofiice Condo Space For Sale 9,400 SF   Broadway, Financial District, Commercial Ofiice Condo Space For […]

  • 9400 Sq Ft
  • Price Upon Request
  • Commercial Condo, Investment Properties, Office Space
Details

Financial District

7 months ago

Financial District, Wall St, NYC Office Space For Rent 5,800 – 19,750 SF

  • $39 per SF
Wall St, New York, NY 10005, USA

Financial District, Wall St, NYC Office Space For Rent 5,800 – 19,750 SF   Financial District, Wall St, NYC Office […]

  • 5800 - 19750 Sq Ft
  • $39 per SF
  • Office Space
Details

Financial District

7 months ago

Rector St, Financial District, NYC Office Space For Lease 6,200 SF

  • $38 per SF
Rector St, New York, NY 10006, USA

Rector St, Financial District, NYC Office Space For Lease 6,200 SF   Rector St, Financial District, NYC Office Space For […]

  • 6200 Sq Ft
  • $38 per SF
  • Office Space
Details

Downtown Manhattan, Financial District

7 months ago

John St, Financial District, Office Space For Lease 1,800 – 17,800 SF

  • $39 per SF
John St, New York, NY 10038, USA

John St, Financial District, Office Space For Lease 1,800 – 17,800 SF   John St, Financial District, Office Space For […]

  • 1800 - 17800 Sq Ft
  • $39 per SF
  • Office Space
Details

Financial District

7 months ago

William St, Financial District, Fully Furnished Office Space For Lease 8,820 SF

  • $28 per SF
William St, New York, NY 10038, USA

William St, Financial District, Fully Furnished Office Space For Lease 8,820 SF   William St, Financial District, Fully Furnished Office […]

  • 8820 Sq Ft
  • $28 per SF
  • Office Space
Details

Financial District

7 months ago

Financial District, Maiden Ln, NYC Office Space For Rent 1,800 – 3,780 SF

  • $38 per SF
Maiden Lane, Maiden Ln, New York, NY 10038, USA

Financial District, Maiden Ln, NYC Office Space For Rent 1,800 – 3,780 SF   Financial District, Maiden Ln, NYC Office […]

  • 1800 - 3780 Sq Ft
  • $38 per SF
  • Office Space
Details

Financial District

7 months ago
  • $24 per SF
Financial District, Broad St, Office Space For Sublease 17,700 SF

Financial District, Broad St, Office Space For Sublease 17,700 SF

  • $24 per SF
Broad St, New York, NY 10004, USA

Financial District, Broad St, Office Space For Sublease 17,700 SF   Financial District, Broad St, Office Space For Sublease 17,700 […]

  • 17700 Sq Ft
  • $24 per SF
  • Office Space
Details

Financial District

7 months ago

Financial District Office Space

Financial District Office Space –  Located on the southernmost tip of Manhattan Island, the Financial District is the place that symbolizes the spirit of America as a land of opportunities and the financial power of modern banking and international businesses. You could accurately state that America as known in the modern ages has started its history in the same place. This is where the new settlement was developed by European immigrants about 360 years ego as New Amsterdam, which is later turned in to the City of New York.

It also symbolizes the place of the ability of America to overcome the 9/11 attacks and to continue. It is, where Wall St is with its iconic NYSE, the One World Trade Center and all the skyscrapers depicting the famous landscape of the Financial District. The Financial District is one of the biggest business districts in America and is saturated with financial companies and mid-sized startups. Geographically, Financial District is the entire area south of Chambers Street and the Brooklyn Bridge, but excluding Battery Park.

Financial District Office Space for lease/rent

The area is home to many financial institutions – banks, insurance companies, investment funds, brokers and the New York Stock Exchange and the Federal Bank of New York. The area is landscaped almost entirely of high-rises, with a small exception of the Seaport District – just below the Brooklyn Bridge – which has many historical art deco buildings and is a residential area – a charm from the old days. This is where a new trend is becoming visible – residents to be close to their workspace and maintain a good level of work-life balance.

Still a small number – around 50 000 people but the easy commute and the nearby parks and nice places to eat, not to forget the view of the Brooklyn Bridge – attract residents. The area of the Financial District (or shortly FiDi) is dominated by offices and a few hotels.  People are uncommon on the streets after the finish of the business day, the territory is nearly abandoned and void. This is a reasonable sign that relatively few individuals live around and there is a ton of office space around. How this influences the market for office spaces for lease /rent?

Demand and prices for office space for rent in Financial District – FiDi

The vacancy rate for office space in Financial District is in line with the median rate for Manhattan around: 20%. Office space inventory is one of the biggest in all Manhattan areas – over 60 million square feet. The availability of office space is keeping prices low and many companies are being attracted by the availability of office space and the easy commute.

2024 The overall market in Financial District office space rent price asks around: $66 per square foot for Class A office rent, around: $50 for Class B  and  $40 per SF for Class C office rent.

While average prices in Midtown Manhattan are: $93 per SF for Class A and $72 for Class B office space, Financial District office space is a good alternative, given the proximity of other businesses (mostly in finance and insurance) and the attractive office space lease rates.

We offer excellent deals as a fully built-out and furnished office subleases in the area in class A and B buildings for $40-55 per square foot.

 

Transportation around Financial District

It is one of the most communicative places in Manhattan as it sits in the middle between Staten Island, Queens, Bronx and Brooklyn. You can basically use all kinds of transportation  – 1, 2, 3, 4, 5, 6, A, C, E, R, W, J, and Z subway lines, regional buses and 2 ferry lines, not to mention one of the best walkability rates in the States.  Trains:

Lexington Avenue Line green"4" train"5" train"6" train
Broadway–Seventh Avenue Line red"1" train"2" train"3" train
Eighth Avenue Line blue"A" train"C" train"E" train

 

.

Financial District Office Space 03
Office Space Manhattan NYC
Downtown Manhattan Office Space

MANHATTAN OFFICE SPACE MARKET INFORMATION

  • INVENTORY SF 376 M +1.0% Prior Period 373 M
  • UNDER CONSTRUCTION SF10.2 M -10.3%Prior Period 11.4 M\
  • VACANCY RATE11.7% +1.0%Prior Period 10.7%
  • AVERAGE MARKET RENT/SF$76.15 +1.2%Prior Period $75.25
  • MARKET SALE PRICE/SF$904 +2.9%Prior Period $878
  • MARKET CAP RATE4.3% Prior Period 4.3%

Availability

  • Vacant SF 40.7 M Sublet SF 11.8 M
  • Availability Rate 18.3% Available SF 65.8 M
  • Available average Asking Rent/SF $60.04
  • Occupancy Rate 88.3% Percent Leased Rate 91.5%

Office Sales Past Year

  • Asking Price Per SF $701
  • Sale to Asking Price Differential -1.4%
  • Sales Volume $7.5 B
  • Properties Sold 104
  • Months to Sale 11.0
  • For Sale Listings 142
  • Total For Sale SF 1.3 M

Demand

  • 12 Months Net Absorp % of Inventory -0.1%
  • 12 Months Leased SF 32 M
  • Months on Market 8.2
  • Months to Lease 12.1
  • Months Vacant 11.0
  • 24 Months Lease Renewal Rate 35.1%
  • Population Growth 5 Years 3.0%
nyc.manhattan2

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

  • 300 - 20,000 Sq Ft
  • $60-$70 per SF
  • Medical Office Space, Office Space
Featured

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

  • 1700 - 3500 Sq Ft
  • Upon request
  • Gallery Space, Retail Space

18 W 33rd St, Herald Square, NY Office Medical space for lease or sale 1400-2800 square feet

  • 1400 2800 Sq Ft
  • $40 per SF
  • Medical Office Space, Office Space

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

  • 1560 Sq Ft
  • Upon request
  • Gallery Space, Retail Space

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

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

14 E 55th Street, Plaza District, NY, Medical office space for lease 2,000 + 2,000 sf

  • 2000 Sq Ft
  • Negotiable
  • Office Space, Showroom Space

Compare listings

Compare