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Hudson Yards Submarket — New York City

Hudson Yards submarket of New York City: 15 tracked properties, 8,356,000 SF of inventory and 2,486,300 SF available.

15Listings
2,486,300 SFAvailable space
8,356,000 SFTotal inventory
$85.69/SFAvg asking rent
40,800 SFMedian suite
439 Park AveNew York, NY · Office · Class A411,800 SF available$98.49 – $119.90/SF/yr FS
1052 BroadwayNew York, NY · Office · Class A22,300 SF available$81.83 – $99.61/SF/yr FS
Pioneer CrossingNew York, NY · Office · Class A18,700 SF available$89.53 – $108.99/SF/yr FS
808 Eighth AveNew York, NY · Office · Class A1,846,600 SF available$80.45 – $97.94/SF/yr FS
859 E 42nd StNew York, NY · Office · Class B2,800 SF available$72.78 – $88.60/SF/yr FS
Capital LandingNew York, NY · Office · Class C202,300 SF$63.90 – $77.80/SF/yr FS
Liberty CrossingNew York, NY · Office · Class C74,700 SF$62.51 – $76.10/SF/yr FS
1017 Fifth AveNew York, NY · Office · Class A240,600 SF$83.44 – $101.58/SF/yr FS
300 Lexington AveNew York, NY · Office · Class A1,165,200 SF$78.74 – $95.86/SF/yr FS
202 Lexington AveNew York, NY · Office · Class A1,566,200 SF$100.30 – $122.10/SF/yr FS
Century SquareNew York, NY · Office · Class B134,800 SF$81.31 – $98.98/SF/yr FS
393 Wall StNew York, NY · Office · Class B40,800 SF available$72.69 – $88.50/SF/yr FS
1068 E 45th StNew York, NY · Office · Class C63,000 SF available$62.57 – $76.17/SF/yr FS
Midtown CourtNew York, NY · Retail · Class A13,600 SF available$44.89 – $54.65/SF/yr NNN

15 commercial properties are tracked in the Hudson Yards submarket, representing 8,356,000 SF of rentable building area, of which 2,486,300 SF is currently marketed as available.

Asking rents average $85.69 per square foot per year, the median marketed suite is 40,800 SF, and listings have been on market a median of 360 days.

The stock splits 9 Class A, 3 Class B, 3 Class C, with construction dates from 1907 to 2013 (median 1959).

Other New York City submarkets

ChelseaColumbus CircleFinancial DistrictFlatiron / Union SquareGramercyGrand CentralMurray HillPenn Plaza / GarmentPlaza DistrictTimes SquareTribeca / SoHoUpper East SideUpper West Side

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Frequently asked questions

What is the average asking rent for commercial space in Hudson Yards, NY?

Across the 15 commercial listings published in Hudson Yards, NY, asking rents average $85.69 per square foot per year, quoted on a FS basis.

How much commercial space is available in Hudson Yards, NY?

2,486,300 SF is currently marketed across 9 buildings, out of 8,356,000 SF of total inventory.

What is the commercial vacancy rate in the New York City market?

The New York City commercial market is running 21.1% vacancy with year-over-year asking rent growth of 4.9%.

Which submarkets have the most commercial space in Hudson Yards, NY?

Hudson Yards (15 properties).

What cap rates are commercial assets trading at in Hudson Yards, NY?

Listed commercial assets in Hudson Yards, NY show an average asking cap rate of 6.81%. Closed sale comparables are available in RealStar's Sales module.

Which brokerages are most active in Hudson Yards, NY?

Pinnacle CRE (2 listings), Northgate Commercial (1 listing), Capitol Commercial (1 listing), Sterling Crest Advisors (1 listing), Atlas Property Group (1 listing). See the full Hudson Yards, NY broker directory.

How do I list a commercial property in Hudson Yards, NY?

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