30 E 60th Street, NY, NY Office Medical space for lease 500-25000 sq ft
$65-75 psf Office or Medical space for lease 800 -1500 – 2500 – 4500-7800 10,000 sf plus
We will accommodate any size 800-25,000 sf.
Plaza District, Upper East Side
14 E 55th Street, Plaza District, NY Medical office space for lease 4th floor 2,000 sf, 5th floor 2,000sf floor, Lease […]
18 W 33rd St, New York, NY, 10001 Office for rent 1400 sf – 2800 square feet 1400 -2800 […]
Midtown South, Murray Hill
2916 Frederick Douglass Blvd, Harlem NY 10039 Office or Medical space for lease. 2000 sf 3rd floor, $36 psf, Lease term negotiable. Recently […]
Chelsea West 25th Street NY NY Class A Office space for lease Office space for Lease: Entire 12th Floor: […]
1 Penn Plaza. Class A Office space 15,000 sq ft. for sublease, hi floor. Plug and play opportunity with 2 large […]
Midtown Manhattan, Penn Station
What is the difference? Office Buildings Class A, B, C in NYC
Office Buildings Class A, B, C in NYC – Have you ever wonder how to choose the best office place for your business? New to the office rental market? People often are confused by the reference to office building classifications. Understanding this real estate classification can be a great success for future businesses. An important note is that the classification system is not a legal standard or a rule. Each region of New York City has different ways of classifying spaces. Office building classification in NYC has three levels:
Tends to be the cherry top because of the newly constructed and modern renovated buildings. Office space with the letter A classification is nearly always on an avenue in proximity to major transportation hubs and still open for business 24/7 with high standard security systems. Armed with top-of-range fixtures, amenities, and state-of-the-art mechanical systems, an impressive lobby space with architectural flourishing Class A office spaces are expected to be seen in luxury buildings, making them apart from the crowd.
Generally managed by well-known property management firms and located in high-end locations, these trophy spaces are and always will be home to some of the luxury and finest firms in the entire world. Giant skyscrapers are the house of many cities’ best-known finance, law, and media companies. Prime locations and above-average look, rental prices in Class A buildings come at ultra-premium prices. Such regions are 747 Third Avenue, 757 Third Avenue, 767 Third Avenue, 780 Third Avenue, 919 Third Avenue, 280 Park Avenue, 330 Madison Avenue, 340 Madison Avenue, 350 Madison Avenue, 444 Madison Avenue, 550 Madison Avenue and many more. In New York City, the average rent for Class A office space is near $81 per square foot.
Class A office space average is near $81 per square foot.
Class B office space will lead to pay average rent near $63 per square foot.
Class C office space average rent price is $56 per square foot.
The second place, buildings with this classification meet average standards and maybe a little older with missing some amenities such as shiny lobby space. Generally, Class B office space is well-maintained and fully functional, with the standard amenities and range of facilities. Especially in the office, real estate market tenants will expect high-end office space with excellent options. In New York City, people often rush into Class B buildings in Midtown Manhattan or some peripheral locations such as 24 West 40th Street, 25 West 45th Street, 45 West 45th Street, 315 Madison Avenue, and 501 Fifth Avenue. Class B office space will lead to pay average rent near $63 per square foot.
The third place is for the lowest and cheapest places with classification – basic functional space for competitive prices. Less desirable locations and likely to be older buildings Class C spaces are buildings with the need for significant repairs and lack of some amenities such as elevator access or access during off-peak hours. Understanding the differences between these classifications can lead you to proper business choice. If you’re looking for the best that real estate has to offer, go for Class A buildings. Otherwise, having a lower budget and want functional space to work in, you will go for Class C buildings. Class C office space average rent price is $56 per square foot.