SoHo & Tribeca is a prime-tier New York submarket with average asking rent around $95/sqft/yr.

  • Average asking rent: $95/sqft/yr.
  • Tier: prime.
  • Citywide Class A rent context: $102/sqft/yr ($102 USD).
  • Citywide vacancy: 17.4% — submarket-level availability is typically tighter at prime tier.

SoHo & Tribeca, New York office rents and availability

SoHo & Tribeca is a prime-tier New York submarket with average asking rent around $95/sqft/yr.

TL;DR

  • Average asking rent: $95/sqft/yr.
  • Tier: prime.
  • Citywide Class A rent context: $102/sqft/yr ($102 USD).
  • Citywide vacancy: 17.4% — submarket-level availability is typically tighter at prime tier.

Where rent sits

SoHo & Tribeca averages around $95/sqft/yr for Class A, against a citywide Class A index of 102. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

Boutique HQs in the city's most photogenic loft stock. Fashion brand HQs, family offices, boutique tech, creative agencies, hospitality groups.

Key facts

cityNew York
submarketSoHo & Tribeca
tierprime
averageRentLocal$95/sqft/yr
cityClassARentUsd$102/sqft/yr
cityVacancyPct17.4%

Frequently asked questions

What is the average Class A rent in SoHo & Tribeca, New York?
Around $95/sqft/yr. The citywide Class A index sits at $102/sqft/yr.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

Full sources index · Submit a correction

Related topics