New York City Office Sublease

Renting a sublease office space in New York City can be an attractive solution for businesses seeking flexibility, speed, and cost savings. Subleases often provide access to pre-built, fully furnished offices at rental rates that are typically 10% to 30% below the Landlord’s lease price.

Because the original tenant remains responsible for its primary lease obligations, subtenants are frequently able to negotiate discounts, shorter lease terms, and flexible arrangements. For startups, consulting firms, and growing companies, subleases can offer a turnkey occupancy solution without the long-term commitment of a traditional lease.

Key Terms & Concepts

Sublessor / Sublandlord
The existing tenant that holds the primary lease and is offering all or part of its office space for sublease.

Sublessee / Subtenant
The company renting the office space from the Sublessor.

Landlord / Over-Landlord
The building owner.

Why Businesses Offer Office Space for Sublease

Companies choose to place office space on the sublease market for a variety of strategic and operational reasons, including:

• Expansion into a larger office space
• Workforce reductions or hybrid work adoption
• Mergers, acquisitions, or company sales
• Business closures or restructuring

In many cases, sublease space becomes available because a company’s office needs evolve faster than the term of its lease.

NYC Office Subleases Available Now

Individual Executive Offices at 110 East 59th Street

NORINSBERG LAW works with Cogent Realty Advisors to maintain a flexible real estate strategy by utilizing high-quality executive office suites throughout New York City. This approach allows the firm to serve clients across all five boroughs while maintaining operational agility.

The available offices are located within Stark Office Suites and are fully furnished and internet-ready for immediate occupancy. All-inclusive private office rentals start at $2,250 per month. Lease terms of one year or longer are available.

110 East 59th Street

• Class A office building
• 24/7 building access
• Concierge-attended lobby
• Touchless elevator dispatch system
• Enhanced air filtration system
• On-site parking garage

Private Suite at 353 Lexington Avenue

Cogent Realty Advisors recently relocated DASHLYHR into a large custom-built office designed to support the firm’s labor-management consulting services for the construction industry.

This 2,100 rentable square foot office is delivered in pristine condition and comes fully furnished, making it ideal for companies seeking immediate occupancy. Asking rent is $41.00 PSF / $7,175 per month. The lease term expires on July 31, 2027.  

353 Lexington Avenue

• Class B office building
• Located two blocks from Grand Central Terminal
• Fully furnished installation
• 24/7 building access
• Attended lobby during business hours