Financial District Sublease

Financial District

Office Space Market Report

Number of Listings (last 90 days)
367
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
3,010
As of: June 23, 2017

Financial District Rates

Most listings are in the $60's per square foot per year. The Financial District region is going through a a boost in rates. In the last 3 months, the median rate increased $63 per sqft per year.

Compared to the rest of the New York City market, the Financial District region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Financial District Listing Supply

In the last 90 days, 367 listings have come on the market, so you'll want to check back regularly for new listings. About 77% of the listings in the Financial District are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,020 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 22 stories. Most buildings in this area were built in 1928 and are Class A.

Financial District Community

Information is the dominant industry in this market. Most of the residents of Financial District work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Financial District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Financial District.
Research