spacebly

01·New York · 2026 edition

How much does a New York office actually cost?

Real prices from 5 New York submarkets, the broker fees nobody quotes upfront, and the deals operators only quote when they think you'll walk.

New York map
New York
5 submarkets · updated May 2026

02·TL;DR — the headline numbers

$925
Serviced desk, city average
$165
Grade A lease, Midtown prime
10%
Broker commission (industry standard)

03·Real offices in New York

Live New York offices — closest to centre

Click any building to see suites, photos, pricing and availability.

04·TL;DR table — by submarket

New York pricing at a glance

New York's office market is the world's largest. Midtown (Plaza, Times Square — financial / corporate), Midtown South (Flatiron, NoMad — tech / creative), Downtown (FiDi, Tribeca), Hudson Yards (new trophy), Brooklyn (DUMBO).

SubmarketPrivate office /desk/moGrade A lease /sqft/yr10-person all-in /office/mo
Midtown$1100–$2200$110–$165$11,000–$22,000
Midtown South (Flatiron, NoMad, Chelsea)$825–$1500$85–$125$8,500–$15,000
Hudson Yards$1000–$1900$100–$145$10,000–$19,000
Downtown (FiDi, Tribeca)$700–$1300$75–$115$7,000–$13,000
Brooklyn (DUMBO, Williamsburg)$525–$925$55–$85$5,500–$9,500

See what you'd get back with Cashback by spacebly

05·Real broker fees

What you actually pay a broker in New York

Industry-standard 10% of year-one fee — quietly priced into your headline rate.

5–15 desks
$70,000/yr
10-desk serviced in Midtown South (Flatiron, NoMad, Chelsea)
Broker keeps$7,000
20–50 desks
$285,000/yr
35-desk managed in Midtown
Broker keeps$28,500
60+ desks
$820,000/yr
85-desk lease, Midtown
Broker keeps$82,000

06·Hidden costs

The line items not in the quote

Service charge

Operating costs added to headline rent — building services, lifts, security, cleaning. Often the second-largest line item on your invoice.

Local property tax / rates

Set by local authority. Add 30–55% of rateable / assessed value depending on jurisdiction — easy to underestimate.

Fit-out (Cat A vs Cat B)

Cat A is shell. To move in you need Cat B — workstations, AV, finishes. Operators bundle this into the serviced rate; lease tenants pay upfront.

Reinstatement / dilapidations

End-of-Contract dilapidations — check with your operator and landlord as to what these will be to reset the space.

Rent reviews

Most multi-year leases include scheduled reviews tied to inflation or open-market rates. Verify the cap before signing.

Broker commission

Industry-standard 10% of year-one fee. Paid by the landlord — but priced into your rate.

Meeting room overages

Most flex deals include 8–20 hours/month. Going over costs $30–$120/hour depending on the building.

Parking, bike storage, end-of-trip

Central parking in most cities is the single biggest sub-line cost after rent. Confirm what's included.

07·Serviced vs lease

By team size, in New York

Real all-in monthly cost. Lease numbers include fit-out amortised over 5 years.

TeamSpaceServicedLease + fit-outVerdict
5 people550 sqft$4,800/mo$5,200/mo + $60kServiced cheaper
10 people1,100 sqft$9,500/mo$10,500/mo + $115kBreak-even month 18
25 people2,750 sqft$25,500/mo$23,000/mo + $285kLease wins year 2
50 people5,500 sqft$51,000/mo$42,500/mo + $540kLease saves $102k/yr year 2
100 people11,000 sqft$102,000/mo$77,000/mo + $1.0MLease saves $300k/yr year 2

08·How it works

How spacebly saves you money in New York

1

Tell us what you need

Headcount, budget, preferred New York submarkets, lease vs. flex, must-haves. Takes 3 minutes.

2

We shortlist instantly

Our index covers thousands of buildings. You see real availability and real pricing — no inflated rate cards.

3

We negotiate for you

Free month, capped rent reviews, break clauses, fit-out contributions. We push every lever, you keep the upside.

4

You sign, we get paid by the landlord

Zero fee to you. The standard broker commission is handled between us and the operator — never priced on top of your deal.

09·FAQ

Common questions

Is spacebly really free for tenants in New York?+

Yes. Operators pay a 10% success fee or a flat subscription — you pay nothing, and get Cashback by spacebly when you sign.

How is spacebly different from a traditional New York broker?+

Traditional brokers only show you the buildings they have a commercial relationship with. spacebly shows you every option in the market, with direct landlord/operator contact and transparent pricing.

Do you cover serviced offices, managed space and leases?+

All three. Serviced (instant move-in, monthly), managed (your branding, 12–36 months) and conventional leases (3–10 years). We model the total cost of each option side-by-side so you can compare like-for-like.

How long does a typical search take?+

Most clients sign within 2–4 weeks of starting a search. Larger leases (10,000+ sqft) typically take 6–10 weeks because of fit-out planning and legal review.

10·Keep exploring

Other city cost guides