The Best Subleases on the Market in Midtown South
JACK COHEN
SPACES COMMERCIAL REAL ESTATE
212-300-3265
jack@spacescre.com
SPACES COMMERCIAL REAL ESTATE
212-300-3265
jack@spacescre.com
With many companies downsizing there are a lot of subleases on the market. Subleases are great because they’re typically priced below market, come wired and furnished, and offer a shorter term than direct leases. Here are some of the best subleases on the market sorted into 5-10,000 Square Feet and 10-20,000 Square Feet.
If you’d like to see the best options below 5,000 RSF, above 20,000 RSF, or just looking for something different, call us at 212-300-3265 or click here to send us the details of your search.
10,000- 20,000 Square Foot Spaces
1) Best Economical Sublease- 12,000 SF
2) Best High End Sublease- 13,845 RSF
3) Best Short Term Sublease- 11,072 RSF
4) Best All Around Space- 10,321 RSF
5) Best Overall Value – 18,500
5,000- 10,000 Square Foot Spaces
1) Best Sublease in SoHo- 7,415 RSF
2) Best Dressed Sublease– 6,092 RSF
3) Best High End Honorable Mention- 7,663 RSF
Priced at around 50% of the average market rent and with approximately 2 years remaining on the lease, this sublease at 395 Hudson Street offers a huge value for a company looking for a short term space in Midtown South. The entire space is 24,000 SF and is divisible down to 12,000 SF. The existing installation offers 40+ offices, bullpen space for 75+, 4 meeting rooms, 2 conference rooms, reception area, storage, and pantry.
Recently built 13,845 RSF sublease in a premier SoHo building. The remaining lease term is approximately 7 years though the sublandlord would consider a shorter term. The space is built with high end finishes throughout and features 7 meeting rooms, 2 call rooms, one large conference room, and open space with 90 workstations.
This space is located in beautiful fully renovated building with an amazing roofdeck and brand new lobby and elevators.
If short term is what you’re looking for, then look no further than this sublease at 102 Madison Avenue. With less than 1 year remaining on this sublease you’ll be in and out of the space before you know it. There’s always the option of renewing the lease but it will likely be at a higher rent.
This space is built with 40 workstations, 7 offices/ meeting rooms, 3 conference rooms, and features a creative build out with exposed ceilings. At the top of the building, this space gets great natural light, beautiful views, has access to a private roof deck, and a large skylight.
This 10,321 RSF space has a lot going on for it. Great location, beautiful design, nice furniture, outdoor area, and efficient layout.
Built with 6 offices, one conference room, 2 call rooms, large lounge area, and open area that currently seats 54 in the open area with a large cafe style pantry.
18,500 RSF- This is not a sublease but a great plug and play furnished space with a short term option worth mentioning. Recently renovated full floor in a convenient Nomad/ Flatiron corner building. The floor gets great light and views from two sides. The quality of the space is evident when walking through the space with a mix of exposed and floating dropped ceiling, and a flexible layout including modular sliding glass walls and beautiful high end furniture throughout. The layout allows is a perfect mix of open space and meeting rooms of various sizes. Click here for a virtual walkthrough.
This 7,415 RSF space has a lot going on for it. Great location, beautiful design, nice furniture, outdoor area, and efficient layout.
Built with 6 offices, one conference room, 2 call rooms, large lounge area, and open area that currently seats 54 in the open area with a large cafe style pantry.
6,092 RSF- New building in a great West Chelsea location with a new handsome high end build out. The space is built, wired, and furnished with high end furniture. Sublease is for approximately 5 years. The space is built with 1 meeting room, one conference room, large cafe area, soft seating/ lounge area, and open space currently furnished with 16 work stations.
7,663 RSF- Recently built sublease in an ideal Union Square/ Grammercy building. What sets this space apart is efficient layout, quality of the furniture, and abundance of natural light throughout the space. Currently laid out with 44 desks (32 of which are sit/ stand desks), two meeting pods, and several meeting rooms, this space is built for flexibility and functionality.
