Rent Office Financial

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Rent Office Financial District

Class Address SF Monthly Rent
Large Offices for Rent
A
Pearl St & Pearl Street
 37,100
$ Negotiable
A
Wall St & Pearl Street
 31,300
$ Negotiable
A
Whitehall St & Bridge Street
 16,900
$ 79,400
B
Broad St & Exchange Place
 12,800
$ Negotiable
Medium Offices for Rent
A
New York Plaza & Broad Street
 9,400
$ Negotiable
A
Liberty St & William Street
 8,600
$ Negotiable
C
Broadway & Exchange Place
 7,500
$ 24,200
C
Broadway & Beaver Street and Exchange Place
 7,000
$ 25,800
A
Broad St & South William Street
 3,800
$ 13,600
B
Broadway & Beaver Street
 3,800
$ 16,800
B
Broad St & Exchange Place
 2,700
$ Negotiable
C
Broadway & Exchange Place
 2,700
$ Negotiable
C
Hanover Sq & Beaver Street and Pearl Street
 2,700
$ Negotiable
A
Pearl St & Avenue of the Finest
 2,500
$ 10,200
B
Broad St & Exchange Place
 2,500
$ Negotiable
B
Broadway & Barclay Street
 2,500
$ 10,200
Small Offices for Rent
B
Broad St & Exchange Place
 2,400
$ Negotiable
B
Broad St & Stone Street
 2,300
$ Negotiable
B
Maiden Lane & William Street
 1,800
$ 7,000
A
Wall St & Broadway
 1,700
$ 6,800
C
Hanover Sq & Beaver Street and Pearl Street
 1,600
$ Negotiable
A
Broadway & Beaver Street
 1,600
$ Negotiable
C
Broadway & Beaver Street and Exchange Place
 1,600
$ 6,400
B
Broadway & Battery Place
 1,600
$ 6,600
A
Broadway & Liberty Street
 1,500
$ Negotiable
Class Address SF Monthly Rent
Large Offices for Rent
A
New York Plaza & Broad Street
 20,000
$ Negotiable
A
Broad St & South Street
 15,200
$ Negotiable
B
Broad St & Stone Street
 12,700
$ Negotiable
A
Maiden Lane & Front Street
 10,000
$ 38,200
A
Maiden Lane & Front Street
 10,000
$ 51,200
Medium Offices for Rent
A
Wall St & Front Street
 9,900
$ Negotiable
A
Battery Park Plz & State Street
 9,900
$ Negotiable
A
Wall St & Broads Street
 8,000
$ 20,200
B
Hanover Sq & Beaver Street
 6,300
$ Negotiable
Small Offices for Rent
B
Broad St & Exchange Place
 2,400
$ Negotiable
A
Broadway & Morris Street
 1,600
$ Negotiable
A
Broadway & Morris Street
 1,600
$ Negotiable
Class Address SF Monthly Rent
Large Offices for Rent
C
W 14th Street & Seventh Avenue
 11,700
$ 54,600
A
Avenue of the Americas & Lispenard Street
 10,800
$ Negotiable
B
Park Ave S & East 19th Street
 10,600
$ 58,200
B
Hudson St & Worth Street
 10,200
$ Negotiable
C
Fifth Ave & East 39th Street
 10,000
$ 43,200
B
Chrystie St & Hester Street
 10,000
$ Negotiable
Medium Offices for Rent
B
Park Pl & Church Street
 2,700
$ 12,600
B
Jay St & Plymouth Street
 2,500
$ Negotiable
B
Broadway & Duane Street
 2,500
$ Negotiable
B
W 25th Street & Broadway
 2,500
$ 13,400
Small Offices for Rent
C
Broadway & East 21st Street
 1,900
$ Negotiable
C
Broadway & Broome Street
 1,900
$ Negotiable
B
Broadway & Duane Street
 1,700
$ Negotiable
B
Lafayette St & Walker Street
 1,600
$ 6,600
B
Bowery & Canal Street
 1,500
$ 7,200
Office Tenants Rented / Leased Financial District

Financial District Office Rent Average

Building Class Year $ / SF
A 2019 57.0
A 2020 51.0
A 2021 46.0
A 2022 74.0
A 2023 66.0
Building Class Year $ / SF
B 2019 50.0
B 2020 55.0
B 2021 45.0
B 2022 57.0
B 2023 48.0
Year $ / SF Building Class
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
⚖️
Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
🗂️
Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
🐷
Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

✓
  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

✕
  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.

Financial District

New York City's Financial District: A Hub of Business and History

Located in the southernmost part of Manhattan, the Financial District is a bustling area known for its iconic landmarks, rich history, and vibrant business environment. This neighborhood is a cornerstone of New York City's economic and financial sectors, providing a unique blend of historical significance and modern commerce.

Geographic Boundaries

The Financial District stretches approximately from the Hudson River to the East River, with its southern edge at New York Harbor and its northernmost point generally considered to be around Barclay Street. The western boundary is typically defined by the Hudson River or West Street, while the eastern boundary is the East River or South Street. The area also extends up to Frankfort Street in the north and down to State Street in the south, although these boundaries can be somewhat nuanced.

Description of Businesses, Stores, and Restaurants

The Financial District is predominantly a business and financial hub, housing numerous global and national companies, including major banks and financial institutions. However, it also offers an array of stores and restaurants catering to its day-time population of professionals. Retail and Shopping: While the area is not renowned for extensive retail shopping like other parts of Manhattan, it features specialty stores and convenience shops that serve the local workforce. Visitors can explore unique spots like the South Street Seaport, which offers a mix of dining, shopping, and entertainment options. Fine Restaurants: The Financial District boasts a diverse dining scene, from traditional steakhouses to seafood restaurants and international cuisines. Notable spots include Harry's, famous for its high-quality steaks, and Pebble Bar, which offers a cozy atmosphere and an extensive wine list. Stone Street is particularly famous for its cobblestone dining experience with multiple restaurants offering everything from burgers to fine dining.

History of Major Attractions

The Financial District is steeped in historical significance, with many landmarks embodying the area's past and present. - Wall Street: The name "Wall Street" is synonymous with financial markets globally, particularly due to the New York Stock Exchange (NYSE). Historically, Wall Street was a literal wall built in the 17th century to keep out the Native Americans; today, it's a symbol of financial power and a significant tourist destination. - The New York Stock Exchange: Located on 11 Wall Street, the NYSE is the world's largest stock exchange and a pivotal institution in global finance. Established in 1792, it has been a driving force behind New York's status as a financial capital. - Federal Reserve Bank of New York: This federal bank plays a crucial role in monetary policy and is home to a significant portion of the world's gold reserves. Its history dates back to 1913, making it a key part of the U.S. financial system. - Statue of Liberty and Ellis Island: Although located in New York Harbor, these iconic landmarks are accessible by ferry from the Financial District. The Statue of Liberty, a symbol of freedom and democracy, was dedicated in 1886, while Ellis Island was the primary immigration inspection station from 1892 to 1954. - Charging Bull: Located near Bowling Green, the Charging Bull statue is a popular landmark symbolizing strength and resilience, first installed in 1989.

Types of Buildings

The Financial District is characterized by a mix of historic and modern structures. Many buildings are sleek, modern skyscrapers that serve as headquarters for major financial institutions. Notable examples include: - The New York Stock Exchange Building: Constructed in the early 20th century, it is a Beaux-Arts building that has been designated as a National Historic Landmark. - One World Trade Center: Completed in 2014, it is one of the tallest buildings in the world and a significant landmark of modern architecture. - Federal Reserve Bank Building: This building, located at 33 Liberty Street, is a significant example of modernist architecture and serves as a central bank. - The Woolworth Building: Completed in 1913, it was once the world's tallest building and is a masterpiece of neoclassical architecture. - Castle Clinton: Originally built in 1808 as a fort, it later served as the first immigration station in the U.S., predating Ellis Island.

Other Significant Buildings

In addition to the iconic landmarks mentioned, the Financial District is home to many other significant buildings: - 26 Wall Street (Federal Reserve Bank of New York): Known for its impressive architecture and the gold vault beneath it. - 55 Water Street: Known for its unique postmodern design. - 200 Vesey Street (Brookfield Place): Features a large glass atrium and luxury shopping.

Transportation Options

The Financial District is well-connected by public transportation, making it easily accessible from various parts of New York City: - Subway: Multiple subway lines run through the area, including the J, Z, R, W, 1, 2, 3, 4, and 5 trains, providing rapid access to other neighborhoods. - Bus: Several bus routes serve the Financial District, offering another option for commuting.

Adjacent Zip Codes

The Financial District primarily falls under the zip codes 10004 and 10007, although some nearby areas may share different zip codes due to their precise location within Lower Manhattan.

Prominent Companies and Types of Businesses

The Financial District is home to numerous prominent companies, largely from the financial and legal sectors. Some of the most notable include: - Major Banks: Bank of America, Wells Fargo, and Goldman Sachs have significant operations in the area. - Insurance Companies: Companies like AIG and AXA have headquarters in the Financial District. - Stock Exchanges and Financial Markets: The presence of the New York Stock Exchange (NYSE) and the NASDAQ market make it a hub for stock trading. - Legal and Consulting Firms: Many top law firms and management consulting companies have offices in the area, catering to the financial industry's needs. These entities contribute to the district's vibrant business environment, making it a pivotal location for finance and commerce in New York City.

Buildings Offices in Financial District

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