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Tribeca loft office

Tribeca loft office, photo 1 of 1

Office · For lease · Tribeca

Tribeca loft office

71 Franklin St, Floor 3

Size
5,200 SF
Asking rent
$88/SF/yr
Est. monthly
$38,100
Available
Dec 24, 2026

Work out the rent over a lease termincreases, free rent, net effective rent

Commercial Rent Tax: about $17,846 a year if it applies here the World Trade Center area and stores south of Murray Street are exempt

Classic Tribeca loft with cast-iron columns, 13 ft ceilings, and a planted roof deck shared with one other tenant.

  • Exposed brick
  • High ceilings
  • Private outdoor space

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How the asking rent compares

$88/SF a year is higher than what three in four Manhattan office buildings collected per square foot in 2024 (the top quarter starts at $74.58).

This space
$88/SF/yr in the top quarter
Median
$52.08/SF/yr
Middle half
$38.22 to $74.58

Source: the income and expense statements that owners of Manhattan office buildings file with the city (NYC Department of Finance (opens in a new tab), 2024 filings, 1,506 in the borough). It is what whole buildings across the borough collected (not this neighborhood alone), with vacant space, concessions and older leases in the mix: a baseline, not a quote for this space. Every borough, side by side

How much commercial rent costs in NYC, and what is paid on top of it

Getting there

  • 1 at Franklin St
  • A C E at Canal St
  • 1 2 3 at Chambers St

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Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

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