NYC Office Rent: What Space Actually Costs Right Now
As of September 2026, across Nomad's current New York availability, asking rents run from $43 to $200 per square foot per year, with a median of $75. The cheapest submarket on the book right now is Penn Plaza at a median of $52; the most expensive is Hudson Yards at $200. Every figure on this page comes from a listing with a published rent, not a survey, not a model.
Updated 2026-09-30 · every figure is a published asking rent on a floor we represent today · the Q2 market report →
Where the money is
Every floor we represent, dropped on the map at its address and colored by what it asks. The corridor gets dearer as it runs north and east.
104 West 27th Street Chelsea · 7,047 sq ft $59/sq ft 104-110 Greene Street SoHo · 5,375 sq ft $110/sq ft 110 Greene Street SoHo · 3,750 sq ft $95/sq ft 1239 Broadway NoMad · 12,500 sq ft $62/sq ft 1235 Broadway NoMad · 9,500 sq ft $62/sq ft 1450 Broadway Bryant Park · 4,109 sq ft $95/sq ft 137 East 25th Street Flatiron · 8,308 sq ft $43/sq ft 1450 Broadway Bryant Park · 17,296 sq ft $65/sq ft 127 West 26th Street Chelsea · 9,500 sq ft $50/sq ft 151 West 26th Street Chelsea · 9,000 sq ft $64/sq ft 151 West 26th Street Chelsea · 17,610 sq ft $56/sq ft 153 West 27th Street Chelsea · 2,978 sq ft $44/sq ft 153 West 27th Street Chelsea · 2,937 sq ft $60/sq ft 17 State Street FiDi · 6,606 sq ft $79/sq ft 1700 Broadway Midtown · 13,266 sq ft $79/sq ft 2 Penn Plaza Penn Plaza · 5,070 sq ft $135/sq ft 213 West 35th Street Penn Plaza · 5,250 sq ft $50/sq ft 213 West 35th Street Penn Plaza · 6,100 sq ft $52/sq ft 22 West 27th Street NoMad · 6,000 sq ft $57/sq ft 275 Seventh Avenue Chelsea · 18,668 sq ft $63/sq ft 276 Fifth Avenue Flatiron · 5,500 sq ft $52/sq ft 29 West 17th Street Union Square · 2,500 sq ft $60/sq ft 30 West 21st Street Flatiron · 5,250 sq ft $115/sq ft 32 Old Slip FiDi · 6,997 sq ft $64/sq ft 4 World Trade Center FiDi · 5,023 sq ft $115/sq ft 45 Broadway FiDi · 2,624 sq ft $60/sq ft 5 Bryant Park Bryant Park · 7,500 sq ft $96/sq ft 50 Greene Street SoHo · 7,300 sq ft $98/sq ft 500 Fifth Avenue Bryant Park · 6,928 sq ft $125/sq ft 503-511 Broadway SoHo · 5,552 sq ft $125/sq ft 520 Broadway SoHo · 5,539 sq ft $125/sq ft 54 West 21st Street Flatiron · 3,960 sq ft $72/sq ft 520 Madison Avenue Midtown · 7,092 sq ft $125/sq ft 540 Broadway SoHo · 6,350 sq ft $85/sq ft 60 Charlton Street SoHo · 5,003 sq ft $120/sq ft 60 East 42nd Street Grand Central · 5,772 sq ft $72/sq ft 6 Greene Street SoHo · 4,900 sq ft $78/sq ft 825 Third Avenue Grand Central · 5,230 sq ft $89/sq ft 900 Broadway Flatiron · 2,940 sq ft $92/sq ft 900 Broadway Union Square · 4,000 sq ft $115/sq ft Empire State Building NoMad · 5,621 sq ft $90/sq ft One Soho Square SoHo · 27,344 sq ft $68/sq ft 277 Park Avenue Midtown · 19,097 sq ft $130/sq ft 115 West 30th Street Chelsea · 3,500 sq ft $55/sq ft 66 Hudson Boulevard Hudson Yards · 10,517 sq ft $200/sq ft 237 West 27th Street Chelsea · 7,158 sq ft $44/sq ft The spread inside each submarket
A median hides the range. Where we hold more than one floor the bar shows how far apart the cheapest and dearest actually are, which is usually the more useful number.
Every floor, on one line
Each dot is one available floor at its asking rent. Most of the market sits in a tight band; the tail on the right is a small number of trophy floors, not the norm.
Does a bigger floor cost less?
Not reliably. Size and price per foot pull apart in New York, because what you are really paying for is the building and the block. Each dot is a floor.
The table
| Submarket | Median | Range | Floors | vs city median | |
|---|---|---|---|---|---|
| Penn Plaza | $52 | $50–$135 | 3 | 31% below | See space → |
| Chelsea | $56 | $44–$64 | 9 | 25% below | See space → |
| NoMad | $62 | $57–$90 | 4 | 17% below | See space → |
| FiDi | $72 | $60–$115 | 4 | 5% below | See space → |
| Flatiron | $72 | $43–$115 | 6 | 4% below | See space → |
| Grand Central | $81 | $72–$89 | 2 | 7% above | See space → |
| Union Square | $88 | $60–$115 | 3 | 17% above | See space → |
| Bryant Park | $96 | $65–$125 | 4 | 27% above | See space → |
| SoHo | $98 | $68–$125 | 9 | 31% above | See space → |
| Midtown | $125 | $79–$130 | 4 | 67% above | See space → |
| Hudson Yards | $200 | single floor | 1 | 167% above | See space → |
Asking rents on floors Nomad represents today, not a market-wide index. Where a submarket holds one floor, that floor is the median.
What do these rents include?
These are asking base rents per rentable square foot per year. Electricity (typically metered or ~$2–4/sq ft), cleaning and internet are usually additional, and annual escalations of roughly 2.5–3% are standard. Budget total occupancy cost, not the headline figure.
Why do rents vary this much between neighborhoods?
The spread is mostly building stock and transit. Trophy towers over Bryant Park and boutique prewar floors over Union Square command the top of the range; garment-era lofts near Penn Station anchor the value end. The same team can pay $52 or $200 per foot for the same headcount depending on the block.
Is the asking rent what tenants actually pay?
Rarely exactly. Free-rent months, tenant-improvement allowances and escalation schedules move the effective rent meaningfully below asking on most deals, which is why two leases at the same face rent can differ by double digits in real cost. That negotiation is what tenant-only representation is for.
How current are these numbers?
They are generated from the listings on this site, every space behind them has its rent, size and address published. Last regenerated 2026-09-30.
Talk to a broker
Want these numbers for your own search?
Tell us three things: team size, timing, budget. You'll have a real shortlist by tomorrow.
- Same daya broker replies personally, no automated triage
- Tenant-onlyNomad never represents the landlord
- Open pricingrent and size published before you talk to anyone
- 300+ officesdelivered across 2M+ sq ft in New York
Or call 646-688-3158
