SOHO Office Rental
SOHO Office Rental
SOHO Office Rental provides essential information for commercial Tenants. The name SOHO is derived from the area being south of Houston Street. SOHO is best known for its turn of the century cast-iron architecture and cobble stone streets. The SOHO-Cast Iron Historic District was designated by the New York City Landmarks Preservation Commission in 1973 and declared a National Historic Landmark in 1978. Today, SOHO is a popular destination for art galleries, trendy upscale boutiques, stores by international brands like Apple, Uniqlo, Nike and Chanel, as well as top-shelf restaurants and bars.
Useful Links:
NYC, The Official Guide to SOHO
SOHO Office Rental Market Overview
Costar, the Commercial Real Estate Information Company reports that in the first quarter of 2022 the vacancy rate for SOHO office space was 12.2% with an average quoted asking rent of $57.08 PSF (per rentable square foot, per annum.) Historically, the pricing for commercial space east of Lafayette Street has been discounted due to slack demand. Offices in SOHO are leased by a diverse group of Tenants including fashion, cosmetics, media, advertising, architecture/design, art and private equity firms.
SOHO is unique among NYC office submarkets. It is primarily comprised of small loft buildings each with their own personality. The building owners are mostly “boutique operators”, and institutional owners and REITs are few and far between. Many SOHO loft building have limited amenities. Although some lobbies are renovated and include a doorman, many are not. Elevators are often compact and designed for low traffic. Smaller loft buildings offer Tenants the opportunity to occupy a private floor. Buildings with large divided floors may have offices with irregular dimensions and limited window lines. Virtually all SOHO buildings now offer telecom fiber connections, oftentimes from multiple vendors.
Sample SOHO Space for Lease
A curated selection of available SOHO spaces is shown below. Let Cogent Realty Advisors find the ideal space for your organizations. Cogent is a licensed NY real estate broker (established 2000) and our services are provided on a NO FEE basis. Call (212) 509-4049.
594 Broadway: 
Located between Prince and Houston Street. Built/Renovated 1897/2013. 24/7 access and attended lobby. Building interior features hardwood floors, oversized windows, brick walls and architectural columns. Strong ownership.
2,241 RSF. Pre-built loft asking $48.
2,277 RSF. Pre-built loft asking $48.
498- 500 Broadway: Located between Spring and Broome Street. Built/Renovated 1900/2004. 24/7 access and attended lobby.
3,500 RSF. Pre-built private floor asking $75.
6 Greene Street: Located at the north ease corner of Canal Street. Renovated 2020. Boutique building offering turnkey offices.
4,510 RSF. Pre-built office including furniture and IT system. All inclusive Price asking $105 PSF.
Typical Furnished Office
Photo courtesy of Costar.
134 Spring Street | 84 Wooster Street: Located N/E/C Wooster Street. Built/Renovated 1900/2004. 24/7 access.
4,100 RSF, Pre-built asking $88.
Photo courtesy of Costar.
62 Grand Street: 
Located between West Broadway and Wooster Street. Built/Renovated 1920/1987. 24/7 access.
2,200 RSF. Pre-built loft asking $65.
Co-working Spaces
About Cogent Realty Advisors, Inc.
Cogent Realty Advisors is an independent licensed no fee Realtor representing New York businesses that lease office space. Cogent Realty provides intelligent real estate solutions for Tenants of all sizes and from any industry. For information phone Mitchell Waldman at (212) 509-4049.
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