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Plaza District Office Space for Rent

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Map of Plaza District Office Space for Rent
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Plaza District Office Space Listings

Class Address SF Monthly Rent
Large Offices for Rent
A 23,400
$ Negotiable
A 22,300
$ Negotiable
A 14,100
$ 78,000
A 10,800
$ 80,400
B 7,100
$ Negotiable
B 7,000
$ Negotiable
Medium Offices for Rent
C 6,500
$ Negotiable
A 5,700
$ Negotiable
A 4,200
$ Negotiable
B 3,400
$ 12,000
A 2,800
$ 19,200
A 2,600
$ 18,200
B 2,500
$ 12,600
Small Offices for Rent
A 2,200
$ Negotiable
B 1,600
$ 9,200
A 1,600
$ Negotiable
A 1,500
$ 8,600
B 1,500
$ 7,600
Class Address SF Monthly Rent
Large Offices for Rent
A 32,600
$ Negotiable
A 32,200
$ Negotiable
A 11,300
$ 57,400
C 8,200
$ Negotiable
A 7,300
$ 38,800
C 7,100
$ Negotiable
B 7,000
$ Negotiable
Medium Offices for Rent
A 6,900
$ Negotiable
A 6,300
$ Negotiable
B 5,300
$ Negotiable
A 4,800
$ 35,200
A 4,500
$ 34,000
B 2,800
$ Negotiable
Small Offices for Rent
A 2,400
$ Negotiable
A 2,200
$ Negotiable
A 2,200
$ 14,000
B 2,000
$ Negotiable
Class Address SF Monthly Rent
Large Offices for Rent
B 8,400
$ Negotiable
A
Madison Ave & East 40th Street
Grand Central · Floor 17 (full)
7,200
$ 43,400
B
Fifth Ave & East 37th Street
Murray Hill · Floor 8
7,200
$ 30,200
B
Madison Ave & East 46th Street
Grand Central · Floor 14 (full)
7,200
$ Negotiable
B
Madison Ave & East 46th Street
Grand Central · Floor 10 (full)
7,200
$ 47,400
Medium Offices for Rent
B
W 40th Street & Fifth Avenue
Penn Plaza/Garment · Floor 18
2,900
$ Negotiable
B 2,700
$ Negotiable
A
Broadway & West 57th Street
Columbus Circle · Floor 20
2,700
$ Negotiable
B
Madison Ave & East 40th Street
Grand Central · Floor 10
2,500
$ 13,600
B
Madison Ave & East 40th Street
Grand Central · Floor 45 (full)
2,500
$ 14,200
Small Offices for Rent
B
Madison Ave & East 40th Street
Grand Central · Floor 9
1,800
$ Negotiable
A
Broadway & West 57th Street
Columbus Circle · Floor 10
1,700
$ Negotiable
C
E 40th Street & Lexington Avenue
Grand Central · Floor 3
1,600
$ Negotiable
B
Times Sq & Seventh Avenue
Times Square · Floor 4
1,600
$ 7,800

Office Tenants Rented / Leased Plaza District

Plaza District Office Rent Average

Average asking rent, Class A buildings, 2019–2023 ($ per square foot per year)
Building Class Year $ / SF / Yr
A 2019 87.0
A 2021 87.0
A 2022 129.0
A 2023 136.0
Average asking rent, Class B buildings, 2019–2023 ($ per square foot per year)
Building Class Year $ / SF / Yr
B 2019 68.0
B 2021 53.0
B 2022 65.0
B 2023 70.0

Why Optimal Spaces Tenant Broker

  • Lease negotiation: full terms, renewals, expansion options
  • Cost analysis, inventory identification, negotiating scope
  • Risk mitigation against hidden pitfalls

Cost Savings

  • Negotiate 30+ leasing points to prevent hidden costs
  • Save 10–15% on total leasing costs
  • Save 100–200 hours filtering unviable spaces
  • Property access via broker databases and networks (off-market, subleases, future availability)

Alone or With Other Brokers

  • Managing agents owe a fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
  • Inherent conflict of interest as most brokers represent landlords
  • Risk of weaker terms and overlooked hidden costs
  • Heavy workload falls on you while best spaces are missed

About Plaza District

Introduction to Plaza District, NYC

The Plaza District, located in Midtown Manhattan, is a vibrant area of established prestige and luxury that is home to high-end business venues and world-renowned entertainment. The area is bounded by 59th Street to the north, 48th Street to the south, Third Avenue to the east, and Seventh Avenue to the west. The Plaza District contains some of the most famous business and tourist attractions in the world.

Geographic Boundaries

The Plaza District is strategically positioned with key landmarks such as Central Park, Times Square, MoMA, and Carnegie Hall at its doorstep. The boundaries of the Plaza District contain many high-profile dining and retail establishments that solidify its status as a gathering point for both residents of New York City and visitors.

Description of Businesses, Stores, and Restaurants

The Plaza District has a lot of high-end outlets including Class A office spaces that appeal to technology, finance and legal companies. Retailers like Bergdorf Goodman offer unique shopping experiences with exclusive products. Fine dining experiences showcasing gourmet cuisine are located in the Plaza Hotel. Additionally, there are significant media and entertainment clusters.

History of Major Attractions

A few notable attractions in the Plaza District include established icons, like the Plaza Hotel, which represents luxury and elegance since its establishment in 1907. The Top of the Rock at 30 Rockefeller Plaza offers observation decks with sweeping views, giving millions of tourists reason to visit every year. The Plaza District also has two of the best-known performance venues: Radio City Music Hall and Carnegie Hall. These prominent sites established a sense of prestige and relevance for the area.

Types of Buildings

The Plaza District features a number of tall skyscrapers, most of which are Class A office buildings that offer premium facilities and a view overlooking Central Park. As a result, an eclectic mix of top businesses from different sectors occupies these buildings.

Other Significant Buildings in the Area

Along with the legendary Plaza Hotel, there are other noteworthy buildings, like the General Motors Building, the Seagram Building, and 712 Fifth Avenue. These buildings are remarkable for their architecture and house some of the most influential firms in the world. They are landmarks of the skyline and of the financial and corporate identity of New York City.

Transportation Options

The Plaza District has a first-rate transit system. With multiple lines passing through neighboring stations, including the A, B, C, D, and 1 trains at 59th Street – Columbus Circle and the N, Q, R, and W trains at 57th Street – Seventh Avenue, it is conveniently accessible by subway. Convenient access to the rest of Manhattan is also offered by the many bus routes that travel along Fifth Avenue and other main thoroughfares.

Adjacent Zip Codes

A number of zip codes, including 10017, 10019, 10020, 10022, and 10152, encircle the Plaza District. These zip codes encompass a variety of neighboring communities that provide upscale living and business prospects.

Prominent Companies in the Plaza District

There are several large companies with offices in the Plaza District. Big tech brands such as IBM and Apple, banks, and media organizations are attracted to the Plaza District for its prestige and linkages; the Plaza District has many lawyers and consulting companies because it is adjacent to financial corridors and is associated with luxury and professionalism. Therefore, it is not surprising to find companies, such as Microsoft and Accenture, near the Plaza District.

Types of Businesses in the Plaza District

The Plaza District is home to diverse industries including financial services, legal services, media and entertainment, technology, and luxury retail. The Plaza District's breadth of business sectors creates an active business environment that attracts global talent and investment. The area's prestigious atmosphere and central location, are attractive to companies wanting a prestigious appearance.

Office Buildings in Plaza District

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