Broadway Office Buildings in the Financial District- Rental Guide
Broadway Office Buildings in the Financial District- Rental Guide
Broadway Office Buildings in the Financial District- Rental Guide provides useful information for businesses that are relocating to this area. This guide was compiled in March 2018 and is subject to change. For the most current market data contact Cogent Realty Advisors, Inc. (212) 509-4049.
Quick Reference Guide for Broadway Office Buildings in the Financial District
Broadway Office Buildings
11 Broadway: Three-Star rating by Costar. 490,709 square feet and 22 stories. Typical floor 22,500 SF. Built 1898. The least expensive choice offering a steady supply of small offices well suited to tech Tenants and start-ups. Deal Structure: Flexible lease terms of 3- 10 years. Renovation work is limited on shorter term leases. Asking rents are $38.00- $45.00 PSF depending on the location within the building.
25 Broadway: Four-Star rating. 956,554 square feet and 22 stories tall. Typical floor 43,000 SF. Built 1921. Tenants include: Teach for America, Cogent Communications, Wework, Cipriani and Planet Fitness. Deal Structure: On a 7- 10 year lease term the Landlord will build-to-suit your office and provide an architect for space planning. As an alternative, the Landlord will provide a cash contribution for Tenant-managed renovations. Asking rents are $49.00 PSF throughout the building.
26, 29, 32 & 42 Broadway – Call for information
39 Broadway: Three-Star rating. 447,400 square feet and 37 stories tall. Typical floor 8,700 SF. Built 1928 and modernized. Tenants (mostly small- to mid- size) are from diverse industries including law, finance, engineering and not profits. Deal Structure: Pre-built previously occupied offices may be leased for 5 years. On a 10 year lease term the Landlord will build-to-suit your office and provide an architect for space planning. Asking rents are $40.00- 48.00 PSF depending on the location within the building and renovation costs.
45 Broadway: aka Broadway Atrium. Four-Star rating. 394,792 square feet and 32 stories tall. Typical floor 12,337 SF. Built 1983. Tenants include: Buzzfile Media and Cozen & O’connor Law. On a 10 year lease term the Landlord will build-to-suit your office and provide an architect for space planning. Asking rents are $50.00- 52.00 PSF depending on location within the building and renovation costs.
50, 55 & 65 Broadway – Call for Information
61 Broadway: Four-Star rating. 787,000 square feet and 33 stories tall. Typical floor 23,750 SF. Built 1913 and modernized. Tenants of all sizes include: Artnet.com and Inspector General Office. Deal Structure: New pre-built office spaces are available. On a 10 year lease term the Landlord will build-to-suit your office and provide an architect for space planning. Asking rents are $55.00- 65.00 PSF.
ABOUT COGENT REALTY ADVISORS
Cogent Realty Advisors is an independent and licensed NO FEE Realtor with over 15 years of experience representing businesses that lease NYC office space. Our goal is to help you find the right office at the right price. For information, phone Mitchell Waldman at (212) 509-4049.
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