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Times Square Office Space for Rent

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Map of Times Square Office Space for Rent
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Times Square Office Space Listings

Class Address SF Monthly Rent
Large Offices for Rent
A 15,900
$ Negotiable
A 15,400
$ 117,400
A 12,800
$ Negotiable
C 11,300
$ Negotiable
B 9,800
$ Negotiable
Medium Offices for Rent
B 4,400
$ Negotiable
A 3,700
$ Negotiable
A 3,400
$ Negotiable
B 3,200
$ 13,000
A 3,100
$ 18,400
C 3,000
$ Negotiable
C 2,800
$ Negotiable
C 2,800
$ 8,800
B 2,700
$ Negotiable
B 2,700
$ 12,600
A 2,600
$ 23,800
Small Offices for Rent
B 1,900
$ 9,000
A 1,700
$ Negotiable
B 1,600
$ Negotiable
B 1,600
$ Negotiable
B 1,600
$ 7,800
A 1,500
$ 10,600
Class Address SF Monthly Rent
Large Offices for Rent
B 43,700
$ Negotiable
A 41,600
$ Negotiable
A 41,200
$ Negotiable
B 12,200
$ Negotiable
A 9,200
$ 55,400
Medium Offices for Rent
A 6,100
$ Negotiable
A 4,900
$ Negotiable
B 4,600
$ Negotiable
A 4,200
$ 14,000
B 2,900
$ 10,800
A 2,800
$ 13,600
C 2,800
$ Negotiable
Small Offices for Rent
A 2,100
$ Negotiable
A 1,900
$ Negotiable
B 1,700
$ Negotiable
Class Address SF Monthly Rent
Large Offices for Rent
B
Broadway & West 38th Street
Penn Plaza/Garment · Floor 14 (full)
7,800
$ Negotiable
A
W 57th Street & Eleventh Avenue
Columbus Circle · Floor 13
7,500
$ Negotiable
B
Eighth Ave & West 36th Street
Penn Plaza/Garment · Floor 17
7,200
$ 24,800
B
Broadway & West 38th Street
Penn Plaza/Garment · Floor 14 (full)
7,100
$ Negotiable
B 7,100
$ 22,000
Medium Offices for Rent
A
Third Ave & East 58th Street
Plaza District · Floor 3
2,600
$ Negotiable
A
Madison Ave & East 48th Street
Plaza District · Floor 15
2,600
$ 15,200
A
Lexington Ave & East 59th Street
Plaza District · Floor 15
2,500
$ Negotiable
B
E 61st Street & Second Avenue
Plaza District · Floor 6
2,500
$ 12,600
B
W 39th Street & Avenue of the Americas
Penn Plaza/Garment · Floor 6
2,500
$ 9,200
Small Offices for Rent
A
W 57th Street & Ninth Avenue
Hell's Kitchen · Floor 2
1,600
$ Negotiable
B 1,600
$ 9,200
A
Third Ave & East 58th Street
Plaza District · Floor 18
1,600
$ Negotiable
B
W 57th Street & Avenue of the Americas
Columbus Circle · Floor 4
1,500
$ 7,600

Office Tenants Rented / Leased Times Square

Times Square Office Rent Average

Average asking rent, Class A buildings, 2019–2023 ($ per square foot per year)
Building Class Year $ / SF / Yr
A 2019 73.0
A 2021 71.0
A 2022 112.0
A 2023 113.0
Average asking rent, Class B buildings, 2019–2023 ($ per square foot per year)
Building Class Year $ / SF / Yr
B 2019 55.0
B 2021 47.0
B 2022 62.0
B 2023 63.0

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 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 Times Square


Geographic Boundaries

Times Square, a bowtie-shaped plaza bordered by Broadway, Seventh Avenue, and 42nd to 47th Streets, sits in Midtown Manhattan. It is adjacent to Duffy Square to the north. Its commercial core extends between 42nd and 47th Streets and includes adjacent blocks stemming from the central crossroads.

Businesses, Stores, and Retailers

Times Square is home to the flagship stores for brands including Disney, Levi's, and M&M's World, as well as stores for luxury brands including Swarovski, and mass-market retailers such as Lids. The neighborhood features digital billboard advertising hubs for global brands and multi-story entertainment complexes with theme restaurants, VR experiences, and Broadway merchandise. The retailers focus heavily on tourism, and the side streets have souvenir shops and novelty stores.

Fine Dining and Restaurants

The area includes upscale dining establishments such as The Lambs Club, a theater-district landmark featuring modern American cuisine, and Carmine's, a family-style Italian restaurant. Rooftop bars such as St. Cloud, atop The Knickerbocker (the 1906 hotel built by John Jacob Astor IV at 6 Times Square, at Broadway and West 42nd Street, which reopened as a hotel in 2015), are also considered top shelf venues. Fast-casual formats like Shake Shack and casual sit-down spots like Junior's Restaurant exist, as do themed restaurants such as Ellen's Stardust Diner.

Historical Attractions

First called Longacre Square, it was renamed in 1904, when The New York Times moved to One Times Square. Its best-known tradition, the New Year's Eve ball drop, began in 1907 and continues today. The Broadway district is home to historic theatres such as the New Amsterdam Theatre (1903) and the Lyric Theatre (1903), while a statue of George M. Cohan commemorates the composer of "Yankee Doodle Dandy."

Architectural Styles and Buildings

The neighborhood combines Beaux-Arts facades with modernist high-rises, including the Paramount Building (1927) and its clock-crowned top; and One Times Square (1904), a thin 25-story tower that is almost entirely a billboard structure. More recent high-rise projects such as the Times Square Tower (2004) feature blue-green glass curtain walls. Nearby, the Art Deco Brill Building (1931), at 1619 Broadway and West 49th Street, was the songwriting hub of Tin Pan Alley and remains a music industry landmark.

Transportation Options

The Times Square–42nd Street subway station, which connects the 1/2/3, 7, N/Q/R/W and S lines, serves Times Square. National bus services are offered at the nearby Port Authority Bus Terminal. The M7, M20, M42, and M104 bus routes are examples of surface transit, and pedestrian plazas limit traffic on Broadway between 42nd and 47th Streets.

Adjacent Zip Codes

Times Square's main zip code is 10036. The surrounding neighbourhoods are 10020 (northern Rockefeller Centre), 10019 (Midtown West), and 10018 (Garment District to the south). Parts of 10036 and 10019 are in the Theatre District.

Prominent Companies and Offices

Notable tenants include Condé Nast (media), headquartered at 4 Times Square until its 2014 move to One World Trade Center; Ernst & Young, long headquartered at 5 Times Square. Law firms and tech-adjacent businesses use Class A office space. Entertainment businesses, like Disney, are corporate tenants through theaters and licensing operations.

Business Ecosystem

Tourism-based retail, entertainment ticketing services, and hospitality management companies are suited to this market. Advertising companies also locate here to be near the digital billboard suppliers. Underutilized upper floors of the skyscraper are home to subsidiaries of global finance and consulting firms, and incubators of technology focused on media.


Office Buildings in Times Square

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