Midtown South prime stock delivers a mid-to-high Cat-A baseline; tenant fit-out is typically Mid or High-end spec.
Midtown South prime stock delivers a mid-to-high Cat-A baseline; tenant fit-out">fit-out is typically Mid or High-end spec.
10-25,000 sqft floor plates, mix of loft and Class A, exposed structure as a feature.
City-wide New York fit-out bands: Basic $120–160/sqft, Mid $165–230/sqft, High-end $235–340/sqft, Trophy $340–525/sqft.
| city | New York |
|---|---|
| submarket | Midtown South |
| tier | prime |
| averageRentLocal | $92/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.