Office space in Financial District.
At a glance
Building stock
An eclectic mix of ornate prewar towers, mid-century office blocks, and modern Class A — many landmark buildings, some converted to residential. Floorplates range from boutique tower cores to very large modern blocks.
Rent posture
A relative value play: asking rents sit well below Midtown and Midtown South, with landlords offering generous concessions on a deep base of available space.
Office inventory
42,354,211 SF of office space across 82 office buildings — 68 of them 50,000 SF or larger, averaging a 1940 vintage.
Under 50,000 SF
14 buildings, 295,321 SF total, averaging a 1911 vintage.
50,000 to 150,000 SF
9 buildings, 1,083,618 SF total, averaging a 1919 vintage.
150,000 to 500,000 SF
30 buildings, 9,706,822 SF total, averaging a 1931 vintage.
500,000 SF and larger
29 buildings, 31,268,450 SF total, averaging a 1955 vintage.
Source: NYC Department of City Planning, MapPLUTO (fetched July 2026) — counting only true office buildings: 10,000 SF of office or more, office above grade (not a ground-floor office under apartments), purpose-built or converted loft/office-condo stock. Spatially joined to DLS’s 31 mapped submarkets.
Where rents sit
Asking rent, $/SF · Average: median of five published market reports, second quarter 2026. They range from $52 to $61. Class A from the two reports that publish it. Outliers exist in every submarket. In the Financial District, office space can be found in the $30s per square foot.
Questions
What does office space cost in the Financial District?
In the second quarter of 2026, office space in the Financial District averaged $58 per square foot a year in asking rent, the median of five published market reports. What a tenant signs depends on the building, the floor, the term and the concessions.
What is the office market like in Financial District?
The Financial District is Lower Manhattan’s historic office core around Wall Street and the Stock Exchange — finance, government, and professional services alongside a value-priced, deeply transit-served market. DLS Commercial Real Estate represents tenants here, negotiating space, concessions, and terms at a clear discount to Midtown.
