How Do You Find Office Space for Rent in NYC? Five Decisions, in Order
Finding office space for rent in NYC comes down to five decisions, made in this order: how much space, which neighborhood, which route to it, who represents you, and which floor. The order matters because each decision narrows the next. Size comes before neighborhood, since a district may have nothing at your size, and the route comes before tours, since it sets how long everything takes. A 20-person company runs through all five on this page. On timing, expect six to eight weeks from a first tour to working desks on a pre-built floor, and four to six months if the space has to be built.
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Send me floors for 20 peopleUpdated 2026-10-03 · Nomad Group
Decision one: how much space 20 people need
This one depends on headcount and on how sure you are of it. The planning figure is 175 rentable square feet per person, which already includes meeting rooms, a pantry and hallways. Twenty people need about 3,500 square feet.
Where hiring is planned, add 15 to 25 percent, which puts the same company at roughly 4,000 to 4,400 square feet. The office space calculator turns any headcount into a range.
Decision two: which neighborhood, by commute and price
This one depends on where the team lives and what the budget buys. Write down the home station of each person and count the train changes needed to reach each district you are considering. Changes, more than minutes, are what make a commute feel long. Then check what floors of your size ask there.
For our 20-person company, with staff spread across the boroughs, that points toward the districts with the most subway lines. How to choose an office neighborhood lays out the method.
Decision three: direct lease, sublease or furnished floor
This one depends on how soon you need desks and how long you can commit. Each route runs on a different calendar.
- Direct lease on space that needs work: the most control over the layout and the longest wait, since building to your own plan typically adds 10 to 16 weeks after signing.
- Sublease: another tenant's space as it stands, often quick, with an end date you inherit.
- Furnished or pre-built floor: usually ready two to four weeks after signing, often for a shorter term at a higher rent per square foot.
Settle this before touring. A tour that mixes all three compares offices that cannot be delivered on the same date.
Decisions four and five: who represents you, then which floor
Representation depends on how much of the market you want to see. The agent on a listing works for that building's owner. A broker of your own compares buildings, and in most transactions the landlord pays the broker fee.
The floor is the last decision and the easiest, because the first four have removed nearly everything. What is left is usually three to five candidates, an afternoon of tours. The floors below are sized for about 20 people.
When a 20-person search should begin
Work backward from the day you need to be in. For a pre-built floor, allow six to eight weeks between the first tour and working desks. For a custom buildout, allow four to six months. Add time ahead of that for the first three decisions, since a search that starts without them tends to sprawl.
Floors that fit a team of 20
Live from our listings · 6 of the 20, smallest firstA team of 20 plans on about 3,500 square feet at 175 a person. 20 floors on our book sit in the range that fits, 3,500 to 6,300 square feet, asking $50 to $135 per square foot per year.
- Floors
- 20
- Sizes
- 3,500-6,100 sq ft
- Asking rent
- $50-$135 / sq ft
- 1450 Broadway, Entire 40th Floor 4,109 sq ft $95/sq ft Bryant Park about 23 people
- 4 World Trade Center, Partial 44th Floor 5,023 sq ft $115/sq ft FiDi about 29 people
- 825 Third Avenue, Partial 29th Floor 5,230 sq ft $89/sq ft Grand Central about 30 people
- 276 Fifth Avenue, 9th Floor 5,500 sq ft $52/sq ft Flatiron about 31 people
- 503-511 Broadway, Penthouse 5,552 sq ft $125/sq ft SoHo about 32 people
- 22 West 27th Street, Entire 7th Floor 6,000 sq ft $57/sq ft NoMad about 34 people
The full guide
This page is the short answer. The long one, with the numbers worked through, is here:
Related topics
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- Commercial Space for Rent in NYC: What a Tenant Pays Beyond the Asking Rent
- NYC Commercial Property for Rent and Lease: How Nomad Runs a Tech Team's Search
Why decide size before neighborhood?
Because a neighborhood is only an option if it has floors at your size. A loft district's floors may top out below what a large team needs, and the tower districts are where the biggest floors are. Fixing the square footage first keeps you from settling on an area that cannot house you.
Can a 20-person company rent an office for one year?
Yes. One-year leases exist on private floors, though 24 and 36 month terms are more common, and the shorter term costs more per square foot. Furnished and pre-built floors are where one-year deals turn up most often.
Should we look at listings before making these decisions?
Browse them to learn prices, yes. Do not start touring from them. Without a size, a district and a route, every floor looks possible and none can be compared. Every available floor is a good place to see real asking rents first.
What does the route change besides the calendar?
The money and the paperwork. A direct lease can bring free rent and an improvement allowance. A sublease is taken as it stands and usually needs the landlord's consent. A furnished floor skips construction cost. Coworking, sublease or a private headquarters compares them in full.
Talk to a broker
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Tell us three things: team size, timing, budget. A first shortlist can be ready within 24 hours, with the asking rent on every floor that publishes one.
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