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Questions?
Any questions about retail or office space? Call (212) 889-2330 or email us.  To get complete listings within 2 hours, go to: Space Survey, Retail & Medical or Non Profit Space.

The tables below summarize the range of rents and number of new office spaces 1500-5000rsf in Midtown South, including Chelsea, Gramercy Park, Greenwich Village, Hudson Square and Soho.

Chelsea

 

 

DIRECT SPACES

 

 

SUBLET SPACES

 

TOTAL

# Spaces

Min

Avg

Max

# Spaces

Min

Avg

Max

Avg

Off/Med

 

 

 

 

 

 

 

 

 

Negotiable

0

-

-

-

1

$26.40

$26.40

$26.40

$26.40

Plus Electric

3

$52.00

$52.00

$52.00

1

$34.00

$34.00

$34.00

$38.07

Off/Ret

 

 

 

 

 

 

 

 

 

Full Service Gross

1

-

-

-

0

-

-

-

-

Negotiable

1

-

-

-

0

-

-

-

-

Plus Electric

7

$29.50

$39.70

$89.29

0

-

-

-

$39.70

Triple Net

3

-

-

-

0

-

-

-

-

Office

 

 

 

 

 

 

 

 

 

+ Elec & Clean

2

$35.00

$35.00

$35.00

0

-

-

-

$35.00

Full Service Gross

9

$26.00

$30.71

$34.00

2

-

-

-

$30.71

Modified Gross

2

$26.00

$26.00

$26.00

0

-

-

-

$26.00

Negotiable

53

$27.00

$38.22

$55.00

12

$20.00

$28.49

$42.00

$37.23

Plus All Utilities

3

$18.00

$18.00

$18.00

0

-

-

-

$18.00

Plus Electric

120

$20.00

$32.90

$125.00

15

$24.00

$27.07

$32.00

$32.81

TBD

1

-

-

-

2

-

-

-

-

Utilities & Char

1

-

-

-

0

-

-

-

-
                     

Gramercy Park

 

 

DIRECT SPACES

 

 

SUBLET SPACES

 

TOTAL

# Spaces

Min

Avg

Max

# Spaces

Min

Avg

Max

Avg

Off/Med

 

 

 

 

 

 

 

 

 

Negotiable

5

$30.00

$40.29

$50.00

0

-

-

-

$40.29

Plus Electric

3

$25.00

$31.26

$42.00

0

-

-

-

$31.26

Off/Ret

 

 

 

 

 

 

 

 

 

Plus Electric

6

$25.00

$44.62

$60.00

0

-

-

-

$44.62

Office

 

 

 

 

 

 

 

 

 

Full Service Gross

11

$31.00

$35.75

$36.00

1

-

-

-

$35.75

Negotiable

22

$28.80

$41.82

$45.00

5

$38.40

$38.40

$38.40

$41.80

Plus All Utilities

2

$35.00

$35.00

$35.00

0

-

-

-

$35.00

Plus Electric

49

$23.50

$38.68

$50.00

5

$29.00

$36.26

$38.00

$38.61

TBD

2

$35.00

$35.00

$35.00

0

-

-

-

$35.00

Utilities & Char

1

-

-

-

0

-

-

-

-
                     

Greenwich Village

 

 

DIRECT SPACES

 

 

SUBLET SPACES

 

TOTAL

# Spaces

Min

Avg

Max

# Spaces

Min

Avg

Max

Avg

Off/Med

 

 

 

 

 

 

 

 

 

Negotiable

1

$60.00

$60.00

$60.00

0

-

-

-

$60.00

Off/Ret

 

 

 

 

 

 

 

 

 

Negotiable

1

$46.16

$46.16

$46.16

1

-

-

-

$46.16

Office

 

 

 

 

 

 

 

 

 

Full Service Gross

1

$40.00

$40.00

$40.00

0

-

-

-

$40.00

Negotiable

7

$30.00

$38.86

$45.00

2

$200.00

$200.00

$200.00

$72.22

Net

1

$45.00

$45.00

$45.00

0

-

-

-

$45.00

Plus Electric

13

$35.00

$38.21

$67.31

1

-

-

-

$38.21

TBD

1

$45.00

$45.00

$45.00

0

-

-

-

$45.00

Triple Net

1

-

-

-

0

-

-

-

-
                     

Hudson Square

 

 

DIRECT SPACES

 

 

SUBLET SPACES

 

TOTAL

# Spaces

Min

Avg

Max

# Spaces

Min

Avg

Max

Avg

Off/Ret

 

 

 

 

 

 

 

 

 

Negotiable

2

$150.00

$150.00

$150.00

0

-

-

-

$150.00

Net

1

$54.55

$54.55

$54.55

0

-

-

-

$54.55

Office

 

 

 

 

 

 

 

 

 

Full Service Gross

2

$18.00

$23.42

$28.00

2

-

-

-

$23.42

Negotiable

17

$31.00

$41.31

$75.00

10

$25.00

$38.39

$42.00

$39.26

Plus Electric

54

$25.00

$37.14

$45.00

4

$34.00

$34.00

$34.00

$37.10

Triple Net

12

-

-

-

0

-

-

-

-
                     

Soho

 

 

DIRECT SPACES

 

 

SUBLET SPACES

 

TOTAL

# Spaces

Min

Avg

Max

# Spaces

Min

Avg

Max

Avg

Off/Med

 

 

 

 

 

 

 

 

 

Negotiable

5

$40.00

$41.60

$50.00

0

-

-

-

$41.60

Off/Ret

 

 

 

 

 

 

 

 

 

Negotiable

1

$52.00

$52.00

$52.00

0

-

-

-

$52.00

Plus All Utilities

1

$126.27

$126.27

$126.27

0

-

-

-

$126.27

Plus Electric

1

-

-

-

0

-

-

-

-

Triple Net

6

-

-

-

0

-

-

-

-

Office

 

 

 

 

 

 

 

 

 

Full Service Gross

4

$39.50

$41.87

$48.00

0

-

-

-

$41.87

Negotiable

28

$30.00

$33.97

$50.00

4

$39.00

$47.78

$53.00

$34.86

Plus Electric

39

$25.00

$42.95

$225.00

3

$45.00

$45.00

$45.00

$43.00

TBD

2

-

-

-

0

-

-

-

-

Triple Net

2

-

-

-

0

-

-

-

-
                     

Grand Totals

 

 

DIRECT SPACES

 

 

SUBLET SPACES

 

TOTAL

# Spaces

Min

Avg

Max

# Spaces

Min

Avg

Max

Avg

Off/Med

 

 

 

 

 

 

 

 

 

Negotiable

11

$30.00

$43.56

$60.00

1

$26.40

$26.40

$26.40

$43.12

Plus Electric

6

$25.00

$35.30

$52.00

1

$34.00

$34.00

$34.00

$34.78

Off/Ret

 

 

 

 

 

 

 

 

 

Full Service Gross

1

-

-

-

0

-

-

-

-

Negotiable

5

$46.16

$103.15

$150.00

1

-

-

-

$103.15

Net

1

$54.55

$54.55

$54.55

0

-

-

-

$54.55

Plus All Utilities

1

$126.27

$126.27

$126.27

0

-

-

-

$126.27

Plus Electric

14

$25.00

$40.37

$89.29

0

-

-

-

$40.37

Triple Net

9

-

-

-

0

-

-

-

-

Office

 

 

 

 

 

 

 

 

 

+ Elec & Clean

2

$35.00

$35.00

$35.00

0

-

-

-

$35.00

Full Service Gross

27

$18.00

$34.67

$48.00

5

-

-

-

$34.67

Modified Gross

2

$26.00

$26.00

$26.00

0

-

-

-

$26.00

Negotiable

127

$27.00

$37.95

$75.00

33

$20.00

$40.27

$200.00

$38.60

Net

1

$45.00

$45.00

$45.00

0

-

-

-

$45.00

Plus All Utilities

5

$18.00

$32.38

$35.00

0

-

-

-

$32.38

Plus Electric

275

$20.00

$36.50

$225.00

28

$24.00

$33.69

$45.00

$36.45

TBD

6

$35.00

$43.98

$45.00

2

-

-

-

$43.98

Triple Net

15

-

-

-

0

-

-

-

-

Utilities & Char

2

-

-

-

0

-

-

-

-
                     

Map courtesy of CoStar Group and no claim is made as to is ownership.
Photos
Check out photos and floor plans of available office space at Photos.

How much free rent?
Impact your bottom line.  We typically obtain 3-4 months free rent with a five year lease.


Security Deposit
We suggest a Standby Letter of Credit rather than cash when its cost is less than money mkt.


Insurance
Most leases require a $1-3MM comp general policy.  We include your insurance agent early.


Improvements
If you plan alterations, we'll obtain approval as part of the lease instead of incurring costs later.


No Fees
Save money using our services and view the best selection of space with no charge to you.


How Much Time?
It typically takes 7-10 days for us to find the perfect space & 2 days to negotiate best terms.
 
 
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