11 Park Place
Class: B + 10007 Buildings City Hall
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 2,400 | Negotiable |
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 8,600 | Negotiable |
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 13,100 | Negotiable |
Coworking Office Spaces for Rent
| Type of Space | Class A | Class B | Class C |
|---|---|---|---|
| Windowed office/person | $ 2,000/mo | $ 1,250/mo | $ 750/mo |
| Interior office/person | $ 1,250/mo | $ 750/mo | $ 500/mo |
Nearby Coworking Office Spaces for Rent
| Type of Space | Class A | Class B | Class C |
|---|---|---|---|
| Windowed office/person | $ 2,000/mo | $ 1,250/mo | $ 1,000/mo |
| Interior office/person | $ 1,250/mo | $ 750/mo | $ 500/mo |
Retail Spaces for Rent
Retail Spaces for Rent
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
| $ / SF | SF | Monthly Rent |
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| Please notify me when a new space is available | ||
| $ / SF | SF | Monthly Rent |
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| Please notify me when a new space is available | ||
Medical Spaces for Rent
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| Please notify me when a new space is available | ||
| $ / SF | SF | Monthly Rent |
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| Please notify me when a new space is available | ||
| $ / SF | SF | Monthly Rent |
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| Please notify me when a new space is available | ||
| $ / SF | SF | Monthly Rent |
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| Please notify me when a new space is available | ||
| $ / SF | SF | Monthly Rent |
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| Please notify me when a new space is available | ||
| $ / SF | SF | Monthly Rent |
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| Please notify me when a new space is available | ||
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11 Park Place
11 Park Place is a 20-story office building located in the City Hall neighborhood of Manhattan. Further information on rent, lease, co-working or sublease office 11 Park Place includes the following. 11 Park Place does indeed have co-working options available.
The Zip Code for 11 Park Place is 10007. 11 Park Place contains 205,000 square feet of office space for rent. The office space is rated Class B. Construction of 11 Park Place finished in 1926. Small, medium and large options for rent office 11 Park Place are available. In addition to nearby office building lease options, sublease 11 Park Place options may be provided as well. In 2018, the average office rent at 11 Park Place was $ 38.0 per square foot. In 2022, the average office rent at 11 Park Place was $ 40.0 per square foot. When considering to lease office 11 Park Place average prices per square foot did indeed follow market trends.
The Zip Code for 11 Park Place is 10007. 11 Park Place contains 205,000 square feet of office space for rent. The office space is rated Class B. Construction of 11 Park Place finished in 1926. Small, medium and large options for rent office 11 Park Place are available. In addition to nearby office building lease options, sublease 11 Park Place options may be provided as well. In 2018, the average office rent at 11 Park Place was $ 38.0 per square foot. In 2022, the average office rent at 11 Park Place was $ 40.0 per square foot. When considering to lease office 11 Park Place average prices per square foot did indeed follow market trends.
11 Park Place Property Overview
| Bulding Address: | 11 Park Pl |
| Bulding Name: | Park Murray Building |
| Building Alternate address(es): | 11 Park pl |
| Zip Code: | 10007 |
| Neighborhood: | City Hall |
| Borough: | Manhattan |
| Stories: | 20 |
| Year Built: | 1926 |
| Building Class: | B |
| Block & lot: | 00124-0004 |
Map Location
Internet Providers at 11 Park Place
| Internet Provider | Technology | Max Download Speed | Max Upload Speed |
|---|---|---|---|
| Verizon New York | Fiber | 1 Gb/s | 25 Mb/s |
| Lightower | Fiber | 10 Gb/s | 10 Gb/s |
Office Tenants Rented / Leased 11 Park Place
- SWA Architecture leased 800 SF
Nearby Office Tenants Leased
Nearby Retail Tenants Leased
- Niche Media leased 45,000 SF at 100 Church St
- Brainjuicer leased 5,000 SF at 225 Broadway
- Frank, Rimerman & Co. LLP leased 1,501 SF at 233 Broadway
- Todd Oldham Studio leased 650 SF at 20 Vesey St
Nearby Retail Tenants Leased
- National September 11 Memorial & Museum leased 4,700 SF at 20 Vesey St
- The Anne Frank Center leased 2,500 SF at 100 Church St
- Starbucks leased 1,586 SF at 233 Broadway
- Y-Shaped God leased 903 SF at 225 Broadway
- By Suzette leased 300 SF at 86 Chambers St
Office Rent 11 Park Place Average
| Year | $ / SF |
|---|---|
| 2018 | 38.0 |
| 2020 | 56.0 |
| 2022 | 40.0 |
| Year | $ / SF |
|---|---|
| 2018 | 38.31 |
Belzberg Technologies Inc Testimonial
We love a challenge!
Optimal Spaces can help you turn critical and complex real estate issues into opportunities for growth and or cost reduction. We offer the experience, know-how, and the strategic planning that helps lead to better decisions. Virtually everything you need to enhance the value of your business (for profit and not for profit) , you will find at Optimal Spaces.About Optimal Spaces
Optimal Spaces are Tenant Brokers, only representing commercial tenants, not owners or landlords. By contrast, managing agents and most commercial brokers are "landlord agents" representing the interest of owners. Their goal is to market and lease their clients' properties with the best possible terms for the owners. Thus, they will neither show you as broad a selection nor push to get the best price, since their loyalty is to the Landlord. An Optimal Spaces agent will show you a broader range of properties and offer you a broader range of important services than a managing agent or commercial broker will. We will provide you with a market survey, floor plans, pricing expectations , and access to our rolodex: Optimal Spaces walks you through the process from start to finish. Upon entering your new space, it will look the way you want, all at the price you agreed to spend. In addition to negotiating the best price, we will reveal and abate many "hidden costs" to you. We will show you all the relevant available spaces and safeguard your interests throughout the process. Because of tour costs to provide these services, we ask in exchange that clients sign an Exclusive Brokerage Agreement. This allows us to plan appropriately for assisting you with every step of the process.
Commercial Real Estate Spaces in New York
Optimal Spaces specializes in negotiating deals for tenants, ensuring savings of 15-20% compared to what tenants could achieve on their own.
Finding the perfect commercial space in New York is essential, and we understand its importance. Our services encompass a wide range of commercial available spaces, including office, educational, industrial, retail, medical, and loft spaces.
Optimal Spaces specializes in negotiating deals for tenants, ensuring savings of 15-20% compared to what tenants could achieve on their own.
Finding the perfect commercial space in New York is essential, and we understand its importance. Our services encompass a wide range of commercial available spaces, including office, educational, industrial, retail, medical, and loft spaces.
January 2025: New York Real Estate Market Report
Office: There is plenty of vacant space in Manhattan's 600 million square feet of office space, though much of it is in aging buildings. Manhattan office leasing is on track to surpass 30 million square feet for the first time in five years. In 2018 office leasing was 43 million square feet. Retail: National chains enter New York City as availability of large stores are available and rental prices that make economic sense. Building Sales: Building sales were quiet as buyers are waiting to see if the economy picks up under Trump and if interest rates will decline. New York Market Overview The bondholders on a $219 million loan tied to 285 Madison Avenue filed to foreclose, less than six weeks after RFR Holding defaulted. The Korea International Trade Association's Center is going to upgrade the building at 460 Park Avenue by adding amenities to the building with a budget of $200 million. Thor Equities quit making payments on the $51 million loan tied to 135 East 125th and 126 East 126th Streets, driving the debt into imminent monetary default and special servicing. 135 East 125th and 126 East 126th comprise about 95,000 square feet of leasable space. Primark's new 79,000 square-foot store in Herald Square. Hobby Lobby;s new 71,000-square-foot lease in Tribeca. More large retail spaces have also come on the market in recent years, opening the door for chain stores to grab them at a good price.
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