Traditional office space is generally on the more expensive end of that range — on average, you can expect to pay approximately $77 per square foot per year in Manhattan, New York, or $6.40 per square foot per month. However, there are more affordable options in NYC than you might initially think.Feb 19, 2021
How much does office space cost in Manhattan?
Direct office space in Manhattan costs an average of $82 per square foot each year. Class A space is more expensive, costing an average of around $91 per square foot per year. Class B space costs a relatively affordable $62 per square foot per year. Of course, this varies from neighborhood to neighborhood.
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How much should startups pay for office space?
$3000 per month for 1200 square feet. So now we know how much startups pay for office space. If you have enough revenue or have raised enough capital to have 10 employees, your startup can expect to pay around $6,100 in rent per month.Feb 26, 2014
How much does it cost to rent a studio space in NYC?
Traditional office space is generally on the more expensive end of that range — on average, you can expect to pay approximately $77 per square foot per year in Manhattan, New York, or $6.40 per square foot per month.Feb 19, 2021
How much is it to rent a building for a small business in NYC?
According to research data, the average rent for a single square foot of traditional office space in NYC is between $75 and $84. That means you may only get about 811 square feet of space for $5,000 a month, which isn't enough for many growing and successful companies.Dec 24, 2018