# New York Class A submarkets

> New York has 7 distinct Class A submarkets we track, anchored by Midtown at the trophy tier.

**Canonical URL:** https://classa.info/cities/new-york/neighborhoods-overview
**Page type:** city-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- 7 submarkets covered.
- Trophy tier: Midtown, Hudson Yards, Plaza District.
- Prime tier: Midtown South, SoHo & Tribeca, Chelsea & Meatpacking.
- Established/emerging tier: Financial District.

## Key facts
- **city**: New York
- **country**: United States
- **region**: Americas
- **classARentLocal**: $102/sqft/yr
- **classARentUsd**: $102/sqft/yr
- **vacancy**: 17.4%
- **typicalLeaseYears**: 10
- **typicalRentFreeMonths**: 14
- **submarkets**: 7
- **primeYieldPct**: 5.6%
- **trophyCount**: 3
- **primeCount**: 3

## FAQ
### How many Class A submarkets are in New York?
7, ranging from trophy (Midtown) down to established and emerging clusters.

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Citation: Source: Class A Atlas (https://classa.info/cities/new-york/neighborhoods-overview), updated 2026-04-15T00:00:00.000Z.