Tribeca / SoHo Submarket — New York City

Tribeca / SoHo submarket of New York City: 18 tracked properties, 5,047,400 SF of inventory and 428,900 SF available.

18Listings
428,900 SFAvailable space
5,047,400 SFTotal inventory
$78.17/SFAvg asking rent
26,800 SFMedian suite
Frontier CourtNew York, NY · Office · Class B16,300 SF available$70.20 – $85.46/SF/yr FS
1016 Wall StNew York, NY · Office · Class B2,800 SF available$72.29 – $88.01/SF/yr FS
43 E 45th StNew York, NY · Office · Class C103,300 SF available$71.72 – $87.31/SF/yr FS
Harbor LandingNew York, NY · Office · Class C92,300 SF available$64.25 – $78.22/SF/yr FS
Liberty PlazaNew York, NY · Hospitality · Class B4,200 SF availableRate on request
636 W 20th StNew York, NY · Office · Class B20,400 SF available$78.33 – $95.36/SF/yr FS
614 BroadwayNew York, NY · Office · Class B20,200 SF$69.87 – $85.06/SF/yr FS
Summit CourtNew York, NY · Retail · Class A15,300 SF$38.24 – $46.55/SF/yr NNN
Century CommonsNew York, NY · Multi-Family · Class B26,800 SF availableRate on request

18 commercial properties are tracked in the Tribeca / SoHo submarket, representing 5,047,400 SF of rentable building area, of which 428,900 SF is currently marketed as available.

Asking rents average $78.17 per square foot per year, the median marketed suite is 26,800 SF, and listings have been on market a median of 403 days.

The stock splits 5 Class A, 10 Class B, 3 Class C, with construction dates from 1906 to 2014 (median 1967).

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Frequently asked questions

What is the average asking rent for commercial space in Tribeca / SoHo, NY?

Across the 18 commercial listings published in Tribeca / SoHo, NY, asking rents average $78.17 per square foot per year, quoted on a NNN basis.

How much commercial space is available in Tribeca / SoHo, NY?

428,900 SF is currently marketed across 12 buildings, out of 5,047,400 SF of total inventory.

What is the commercial vacancy rate in the New York City market?

The New York City commercial market is running 7.7% vacancy with year-over-year asking rent growth of -0.2%.

Which submarkets have the most commercial space in Tribeca / SoHo, NY?

Tribeca / SoHo (18 properties).

What cap rates are commercial assets trading at in Tribeca / SoHo, NY?

Listed commercial assets in Tribeca / SoHo, NY show an average asking cap rate of 7.00%. Closed sale comparables are available in RealStar's Sales module.

Which brokerages are most active in Tribeca / SoHo, NY?

Meridian Realty Partners (3 listings), Northgate Commercial (3 listings), Frontier Commercial (2 listings), Pinnacle CRE (1 listing), Trinity Commercial Group (1 listing). See the full Tribeca / SoHo, NY broker directory.

How do I list a commercial property in Tribeca / SoHo, NY?

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