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City Hall Commercial Sublet Office for Rent 

NEW YORK, NY 10007
Submarket: City Hall
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City Hall Commercial Sublet Office for Rent City Hall Commercial Sublet Office for Rent City Hall Commercial Sublet Office for Rent City Hall Commercial Sublet Office for Rent City Hall Commercial Sublet Office for Rent City Hall Commercial Sublet Office for Rent

On the market and ready for quick lease, a fifth-floor office on John Street perfect a growing advertising agency, PR outfit or a design firm. With 4,000-square-foot of professional commercial space, this 5th-Floor office in a Class-C with views of the neighborhood and underwent a complete renovation in 2011 and is prepped to offer 3 year lease – as a minimum.

This space features, three private offices, an open work area able to accommodate 15, a large 15 foot by 20 foot conference room, a reception area with room for guest seating and a storage room which could easily be turned into another private office. Please see the floor plan for the exact layout.

This space is available for $36 per square foot per year. The average rent for an available space in this owner managed Class C building is $43 per sf/y. The reason for the discount is timing – this unit is available on a sublease that runs until 2018. That deal was struck when the market was considerably lower. Now you can takeover those favorable terms and enjoy the savings.

Today the building features a tabula rasa composition on most floors, but this shared space contains great amenities for an expanding business such as a Knoll modular cubicle configurations, energy-efficient lighting, a wet pantry with new appliances, and neutral toned cabinetry that completes this portion of the space. Other tenants in this sublet include a small investment brokerage, with shared new bathrooms between you and that subleased tenant. A small clean hallway greets visitors off the elevators, as does part-time security (Monday through Friday, 9am to 3pm) and 24/7 surveillance cameras keep the place under tight scrutiny at all times.

With its proximity to the corporate and government area of Manhattan, Class-B and Class-C buildings are emerging throughout. New investors continue to show an interest in prime properties – the best buildings in the best locations with long-term leases to financially strong tenants – in the New York market, where price appreciation has been driven by a limited supply of prime properties and improving economic conditions. Get into a good space in a strong market!

This office property is well serviced by a number of transportation options just minutes away, with proximity to 2, 3, 4, 5, J, M, N, R and Z subway lines.

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New York Office Space is a full-service commercial real estate firm specializing in Manhattan commercial properties for local businesses and companies looking to lease space. Our brokers are experienced, dedicated experts in New York’s real estate market, including many facets not limited to; the geography of the city and the availability of the buildings across Manhattan.

NYOS guides its clients through the entire process, beginning with the initial search, through all showings, negotiations and even architectural and construction plans.

Please call or email a New York Office Space broker for details.