Commercial Brokerage Services, and What Each Delivers to an NYC Office Tenant
Commercial brokerage services for an established office tenant are seven jobs inside one engagement: representation, the market survey, tours, test fits, financial evaluation, negotiation and move-in planning. Each ends with something you hold: a written requirement, a shortlist, a test fit drawing, a comparison of every offer on one basis, and a signed letter of intent. The service is the same for a 55-person company with an office already as for a startup, and in most transactions the landlord pays the broker fee. Nomad is a licensed New York real estate broker, and on your search it works for you.
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Send me floors for 55Updated 2026-10-03 · Nomad Group
The service menu, with the document or decision each one leaves you
- Representation. We act for you with every landlord. You hold the written requirement: one page stating headcount, date, budget and neighborhoods.
- Market survey. We check direct space, subleases and floors not yet marketed. You hold the shortlist, each floor with its size and asking rent.
- Tours. We schedule and walk them with you. You hold a side-by-side comparison of what you saw, and a decision on the finalists.
- Test fits. We order a layout of your team on each finalist. You hold the drawing. What a test fit is.
- Financial evaluation. We convert each landlord proposal to effective rent over the term. You hold the one-basis comparison.
- Negotiation. We settle the business terms. You hold the letter of intent, then a lease your attorney has reviewed.
- Move-in planning. We line up the buildout, the vendors and the move. You hold a schedule with dates.
The costs beyond base rent that the evaluation should show
A comparison that stops at rent is incomplete. Ours shows each of these as its own line:
- Electricity, at roughly $2 to $4 a square foot a year.
- Escalations, at roughly 2.5 to 3 percent a year.
- The security deposit or letter of credit.
- Furniture and cabling.
- Buildout cost above the landlord's allowance.
What office space really costs prices them one by one.
The same service for an established company as for a startup
The seven services and their order do not change with the age of the company. What an established tenant brings is better inputs: a lease with a known expiry, a headcount that has held steady, and years of financials, which tend to bring down what a landlord asks for as security. The block on this page is sized for about 55 people.
What the engagement costs an established tenant, and how it starts
In most transactions the landlord pays the broker fee, with the specifics set by the lease and the commission agreement. A company with an office already may hold a representation agreement from its last deal, so check whether it still runs, and ask us what a new one would involve. Send headcount, timing and budget, and a broker reaches out within the hour during business hours.
Floors that fit a team of 55
Live from our listings · smallest firstA team of 55 plans on about 9,625 square feet at 175 a person. 6 floors on our book sit in the range that fits, 9,625 to 17,325 square feet, asking $62 to $200 per square foot per year on the 4 with a published rent.
- Floors
- 6
- Sizes
- 10,517-17,296 sq ft
- Asking rent
- $62-$200 / sq ft
- 66 Hudson Boulevard, Partial 53rd Floor 10,517 sq ft $200/sq ft Hudson Yards about 60 people
- 30 West 21st Street, Entire 9th & 10th Floors 10,562 sq ft rent on request Flatiron about 60 people
- 1239 Broadway, Entire 12th Floor 12,500 sq ft $62/sq ft NoMad about 71 people
- 1700 Broadway, Entire 26th Floor 13,266 sq ft $79/sq ft Midtown about 76 people
- 836 Broadway, Entire 2nd Floor 13,754 sq ft rent on request Union Square about 79 people
- 1450 Broadway, Entire 4th Floor 17,296 sq ft $65/sq ft Bryant Park about 99 people
The full guide
This page is the short answer. The long one, with the numbers worked through, is here:
Related topics
- A Commercial Lease Broker for Growing Companies: A Lease With Room to Grow
- Commercial Lease Brokers in NYC for Professional Firms: Law, Accounting, Finance
- Commercial Leasing Agents and Brokers in NYC: Who Is Who on an Office Tour
- Commercial Leasing Broker for Startups: What a Landlord Asks of a Young Company
Which deliverable matters most to a company of 50 to 60?
The one-basis comparison. At that size a difference in free rent or allowance between two floors can outweigh a difference in asking rent, and only a comparison on effective rent shows it.
Is a test fit charged to the tenant?
Usually not. Landlords often fund one for a space under serious consideration, and we treat it as a standard request. It is a planning drawing and binds neither side.
Does an established company get easier lease terms than a startup?
Often on security. A landlord sizes the deposit and decides whether to ask for a personal guarantee from the company's financial history, so a longer record usually helps. Nothing is automatic, and each term is still negotiated.
Do these services apply if we might renew where we are?
Yes. The survey, the comparison and the negotiation are the same, with your current building as one of the options. A renewal priced against real alternatives is a stronger negotiation than one priced against nothing.
Talk to a broker
Want this answered for your team?
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.
- Within the houra broker reaches out during business hours, no automated triage
- On your sidewe work for you on your search, and the landlord usually pays our fee
- Open pricingasking rent published for 46 of 49 floors, size and address for all
- 300+ officesdelivered in New York, 2M+ sq ft leased
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