Hudson Yards is a trophy-tier New York submarket with average asking rent around $130/sqft/yr.
Hudson Yards is a trophy-tier New York submarket with average asking rent around $130/sqft/yr.
Hudson Yards averages around $130/sqft/yr for Class A, against a citywide Class A index of 102. As a trophy submarket, rent runs above the city average and availability is structurally tight.
The largest private real-estate development in US history. Asset managers, technology platforms, global banking, top-tier law and consulting.
| city | New York |
|---|---|
| submarket | Hudson Yards |
| tier | trophy |
| averageRentLocal | $130/sqft/yr |
| cityClassARentUsd | $102/sqft/yr |
| cityVacancyPct | 17.4% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.