Office space in
Greenwich Village/NYU.

One of Manhattan’s 31 office submarkets — advised by DLS Commercial Real Estate, tenant-side, lease by lease.

Greenwich Village/NYU, Manhattan
Greenwich Village — the low-rise blocks around Washington Square Park, anchored by NYU.

Greenwich Village is a boutique office and institutional district around Washington Square Park, anchored by NYU and a famously low-rise, walkable neighborhood. Its prewar buildings and townhouses draw education, creative, and small professional tenants. DLS Commercial Real Estate advises tenants here, tenant-side, lease by lease.

At a glance

Character

The historic, low-rise heart of downtown around Washington Square Park — NYU’s campus, tree-lined streets, and prewar character, with office space woven among institutions and residences.

Typical tenant

Education and research institutions, creative and media firms, and small professional and nonprofit tenants — occupiers drawn to a distinctive Village address and NYU adjacency.

Building stock

Prewar loft and office buildings, institutional space, and converted townhouses — modest, character-rich floorplates. Landmark protections keep the scale low and large blocks scarce.

Rent posture

A boutique Midtown South–adjacent market: asking rents reflect character and scarcity over efficiency, below the prime loft cores. (Current market data, Q1 2026.)

A DLS datapoint

Illustrative — DLS stamps one original, first-hand figure here (e.g. the typical boutique-floor range measured across recent Greenwich Village tours).

Deal footprint

Illustrative — an anonymized DLS engagement in the district goes here (e.g. a creative tenant’s relocation into a Village townhouse floor on improved terms).

Office inventory

1,445,829 SF of office space across 26 office buildings 11 of them 50,000 SF or larger, averaging a 1916 vintage.

Small (<50k)

15 buildings, 355,322 SF total, averaging a 1905 vintage.

The floor of the market — single-tenant or partial-floor space.

Mid-Size (50k-150k)

9 buildings, 758,911 SF total, averaging a 1920 vintage.

Room to grow — typically several floors for one tenant.

Large (150k-500k)

2 buildings, 331,596 SF total, averaging a 1900 vintage.

Anchor scale — often most or all of a building.

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

Greenwich Village · trophy (Class A)$123
Greenwich Village · average$97
Midtown South$81
Manhattan$73

Asking rent, $/SF · Current market data, Q1 2026 — consistent across sources.

Questions

What is the office market like in Greenwich Village/NYU?

Greenwich Village is a boutique office and institutional district around Washington Square Park and NYU — prewar and townhouse space leased by education, creative, and small professional tenants. DLS Commercial Real Estate represents tenants here, negotiating distinctive space and terms in a low-rise, character-rich market.

Does DLS represent tenants in Greenwich Village/NYU?

Yes. DLS Commercial Real Estate advises office tenants across Greenwich Village/NYU and Manhattan's other office submarkets — the tenant's interests only, with a fee customarily paid by the landlord.