Finding affordable office space in Manhattan can be like finding a needle in a haystack. Office rents in the city have reached new highs in 2019, particularly in desirable markets like FiDi or Hudson Yards. The ever-growing demand for office space makes it hard for startups or mid-sized businesses to find quality spaces at a decent price. We thought we’d help ease that process and give you some good options that won’t make a dent in your monthly budget.
Today we’re zooming in on SoHo, a buzzing hotspot for creative professionals and TAMI companies. This Midtown South submarket features loft-style spaces housed in former warehouses, ideal for creative tenants looking for bright and airy office spaces.
1,812 Square Feet of Creative Office Space at 270 Lafayette
This creative spot at 270 Lafayette Street would work very well as startup office space. Featuring 1,812 square feet, the office is nestled on the building’s 5th floor, and is available for a 5- to 10-year lease term. The interior features 2 private offices, a large bullpen facing oversized windows, and a conference room, and comes with the existing furniture and phones. The landlord might also be open to tweaking the layout if that means landing the perfect tenant for the space. The office incorporates 11’ ceilings, polished concrete floors, and a wall of windows facing the buzzing Lafayette Street. The building’s lobby is accessible 24/7 and was recently renovated. The asking price is $62 per square foot, or $9,362 per month, plus sub-metered electricity.
Classic SoHo Loft Offers 2,100 Square Feet on Spring Street
This cozy space on Spring Street is a classic SoHo commercial office loft, featuring 2,100 square feet of airy creative space. The office is located on the 6th floor of a Class B building on Spring Street, and features hardwood floors, large windows, 11’ ceilings, a skylight, and a modern open-office layout. Building tenants benefit from 24/7 access through a key card system, and the lobby is attended during business hours on weekdays.
The base rent of $9,275 per month includes electricity costs, and the space is available immediately. The lease term is flexible to accommodate your needs.
Flexible Office Space in a Hip, Transit-Oriented Location
This 1,450-square-foot loft-style office is located in the heart of SoHo at 73 Spring Street. It would be a great choice for companies in creative industries like media and communications, advertising or architecture, as it offers an open and flexible layout. Featuring wooden floors, high exposed ceilings and plenty of natural light, this modern space is located on the 5th floor of a boutique office building, facing South.
Tenants have easy access to public transportation via the nearby Spring Street-Lexington Avenue station, while a Starbucks operates right across the street. The asking rent is $6,646 per month, and the space is available immediately, with a 5- to 10-year lease term.
Ultra-Bright Broadway Loft With Great Views of Lower Manhattan
Located at 568 Broadway, this 1,630-square-foot office space features abundant natural light and great views of the Manhattan skyline. The rental space is a great option for PRor advertising agencies looking for well-lit offices in a great location. Amenities include an open-plan design, wooden floors and 12-foot-high ceilings, as well as a wall of windows with views of Lower Manhattan. Additionally, tenants have 24/7 building access through a recently renovated, permanently attended lobby. Lease terms are negotiable, while the monthly rent is $6,792.
Broadway Loft With 13’ Ceilings, Fit for Art Gallery or Creative Office
This 1,000-square-foot loft at 520 Broadway would be a great fit for an art gallery space, but it can also house creative office tenants. The space is conveniently located between Broome and Green Streets in the heart of SoHo, and features 13-foot-high ceilings, hardwood floors and an open-office design. Other features include tenant-controlled, window-unit air conditioning, track lighting, and is move-in ready. Tenants also have access to a 24/7 attended lobby and two passenger elevators and a freight elevator. The space is available for a 3- to 5-year lease term, and is asking $4,417 per month.
If you’re thinking of setting up your business in a convenient location in Manhattan, and are looking to lease state-of-the-art space with top-notch amenities, reach out to us and we will show you worthwhile options situated right in the heart of New York City. To learn about available office space, call Metro Manhattan Office Space at (212) 444-2241 or email us at [email protected]