Cost of Renting an Office Near Fulton Street Terminal
Cost of Renting an Office Near Fulton Street Terminal
Photo courtesy of CoStar, the world leader in commercial real estate information.
Cost of Renting an Office Near Fulton Street Terminal. In the bustling heart of Lower Manhattan lies Fulton Transit Center, a transportation hub pulsating with the energy of New York City. Surrounding this epicenter of activity are millions of square feet of offices ready for rental.
• Nearby office buildings are priced from $35.00- $95.00 PSF and offer flexible terms.
• The Fulton Transit Center is situated at the intersection of Fulton Street and Broadway.
• Includes 2, 3, 4, 5, A, C, J, and Z subways. Underground access to the PATH train at World Trade Center.
Cogent Realty Advisors is a licensed NO FEE real estate broker that represents New York companies that lease office space. (212) 509-4049.
Factors to Consider when Searching for an Office
Left to right: 140, 120 and 115 Broadway.
♦ Location: Property on Broadway and a marquis address will command a higher price.
♦ Quality: Encompasses the condition of a building and its offices, management, and amenities. Class A buildings include modern office towers as well as historic properties. Class B buildings are clean, fully functional and economical.
♦ Lease Terms and Flexibility: The work-from-home/hybrid work movement has resulted in higher vacancies and pressured Landlords to offer shorter lease terms. However, if a Landlord is required to construct a new office or substantially renovate an existing space, it will likely require a term of 5-plus years to amortize its expenses.
♦ Market Dynamics: Like any real estate market, rental prices near Fulton Street Terminal are influenced by supply and demand dynamics. A thorough deal analysis should include the base rent, annual increases, real estate taxes, and the Tenant Incentive Package (free rent and the value of office renovations).
Renting an Office Near Fulton Street Terminal- Top Workspace Available Now
Here’s a handpicked selection of offices near Fulton Street Terminal. Get in touch with Cogent Realty Advisors, share your requirements, and let us help you find the perfect space. Reach us at (212) 509-4049.
150 Broadway: Class B office building. 246,000 square feet. 24/7 access and attended lobby. Owner occupied and managed. Asking rents from $42- 52 PSF.
New construction. Prebuilt office of 3,986 and 6,286 RSF. New conferencing center.
Photo courtesy Costar.
140 Broadway: Class A office building (1967). 1,472,199 square feet. 24/7 access and concierge attended lobby. New Conferencing Center & Amenity Lounge in the Lower Lobby. Asking rents from $62- 70 PSF.
Turnkey prebuilt that is fully furnished. 6,388 RSF. Asking $69.
One World Trade Center: Class A skyscraper (2014) 3,210,178 square feet. 24/7 concierge attended lobby with security monitoring. World famous ultra-modern urban design includes the 64th Floor World Commons corporate amenity center. Asking rents from $75- 85 PSF. For more details use this LINK
Prebuilt 6,475 RSF. Includes Knoll furniture, wiring and lighting.
14 Wall Street: Class A office building (1912/Modernized). 1,049,292 square feet. 24/7 concierge attended lobby. Overlooks the NYSE. Asking rents from $36- 53 PSF.
Prebuilt 5,844 RSF. Asking $36.
217 Broadway: Class A office building (1915/1999). 158,948 square feet. A handsome concierge attended lobby with 24/7 access. Across from City Hall Park. Asking rents from $48- 55 PSF.
Prebuilt 1,998 RSF.
Finding the Perfect Office Space is a Big Decision
