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Plaza District Submarket — New York City

Plaza District submarket of New York City: 16 tracked properties, 6,918,500 SF of inventory and 912,400 SF available.

16Listings
912,400 SFAvailable space
6,918,500 SFTotal inventory
$79.75/SFAvg asking rent
27,400 SFMedian suite
568 Water StNew York, NY · Office · Class B14,800 SF available$77.92 – $94.86/SF/yr FS
74 Third AveNew York, NY · Office · Class C23,200 SF available$72.15 – $87.83/SF/yr FS
Alamo LandingNew York, NY · Office · Class B64,100 SF available$78.96 – $96.12/SF/yr FS
Bluebonnet CrossingNew York, NY · Office · Class C40,000 SF available$69.59 – $84.71/SF/yr FS
Trinity PointNew York, NY · Office · Class A605,800 SF available$88.05 – $107.19/SF/yr FS
Heritage TowerNew York, NY · Hospitality · Class A18,000 SF availableRate on request
Legacy PlaceNew York, NY · Retail · Class A1,400 SF available$38.21 – $46.51/SF/yr NNN
921 Water StNew York, NY · Office · Class A44,900 SF available$82.72 – $100.70/SF/yr FS
34 W 20th StNew York, NY · Office · Class B19,300 SF available$71.01 – $86.45/SF/yr FS
141 E 42nd StNew York, NY · Office · Class A759,400 SF$87.46 – $106.47/SF/yr FS
1274 Water StNew York, NY · Office · Class C339,400 SF$68.21 – $83.04/SF/yr FS
963 Park AveNew York, NY · Office · Class C117,100 SF$60.51 – $73.66/SF/yr FS
1365 W 34th StNew York, NY · Office · Class B53,500 SF available$75.42 – $91.82/SF/yr FS

16 commercial properties are tracked in the Plaza District submarket, representing 6,918,500 SF of rentable building area, of which 912,400 SF is currently marketed as available.

Asking rents average $79.75 per square foot per year, the median marketed suite is 27,400 SF, and listings have been on market a median of 362 days.

The stock splits 7 Class A, 4 Class B, 5 Class C, with construction dates from 1911 to 2017 (median 1963).

Other New York City submarkets

ChelseaColumbus CircleFinancial DistrictFlatiron / Union SquareGramercyGrand CentralHudson YardsMurray HillPenn Plaza / GarmentTimes SquareTribeca / SoHoUpper East SideUpper West Side

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Frequently asked questions

What is the average asking rent for commercial space in Plaza District, NY?

Across the 16 commercial listings published in Plaza District, NY, asking rents average $79.75 per square foot per year, quoted on a FS basis.

How much commercial space is available in Plaza District, NY?

912,400 SF is currently marketed across 11 buildings, out of 6,918,500 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 Plaza District, NY?

Plaza District (16 properties).

What cap rates are commercial assets trading at in Plaza District, NY?

Listed commercial assets in Plaza District, NY show an average asking cap rate of 7.26%. Closed sale comparables are available in RealStar's Sales module.

Which brokerages are most active in Plaza District, NY?

Republic Partners (2 listings), Pinnacle CRE (2 listings), Harbor & Vale (1 listing), Meridian Realty Partners (1 listing), Summit Advisory Group (1 listing). See the full Plaza District, NY broker directory.

How do I list a commercial property in Plaza District, NY?

Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.