Office space in Lower East Side/East Village.
At a glance
Building stock
Mostly small loft and tenement-scale buildings with modest floors, plus the large new floors at Essex Crossing. Larger contiguous space is rare.
Rent posture
An accessible downtown market: asking rents sit below the core districts, with new Essex Crossing space at the top of the local range.
Office inventory
580,415 SF of office space across 27 office buildings — 2 of them 50,000 SF or larger, averaging a 1972 vintage.
Under 50,000 SF
25 buildings, 453,144 SF total, averaging a 1931 vintage.
50,000 to 150,000 SF
2 buildings, 127,271 SF total, averaging a 1972 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 · No published report breaks out the Lower East Side or the East Village. The figures are for Downtown: the average is the median across five published market reports, second quarter 2026, which range from $57 to $65. Class A from the two reports that publish it. Request a shortlist for current asking rents in the Lower East Side and East Village themselves.
Questions
What does office space cost in Lower East Side/East Village?
In the second quarter of 2026, office space in the Downtown area, where Lower East Side/East Village sits, averaged $64 per square foot a year in asking rent, the median of 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 Lower East Side/East Village?
The Lower East Side and East Village are value-priced downtown districts east of the Bowery, from 14th Street to the East River, anchored by Essex Crossing. Small loft floors and new mixed-use space are leased by creative, technology, nonprofit and small professional tenants. DLS Commercial Real Estate represents tenants here, negotiating space and terms below the core districts.
Request a list of office space in Lower East Side/East Village