# Navy Yard, Philadelphia — Class A submarket

> Navy Yard is a prime-tier Class A submarket of Philadelphia with average asking rent around $42/sqft/yr.

**Canonical URL:** https://classa.info/cities/philadelphia/navy-yard
**Page type:** neighborhood
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Master-planned campus on the Delaware.
- Prime tier — ~$42/sqft/yr.
- Active Class A leasing market with deal flow across major broker desks.

## Key facts
- **city**: Philadelphia
- **neighborhood**: Navy Yard
- **tier**: prime
- **averageRentLocal**: $42/sqft/yr

---
Citation: Source: Class A Atlas (https://classa.info/cities/philadelphia/navy-yard), updated 2026-04-15T00:00:00.000Z.