Office space for sublease in Concourse

The Concourse area around East 161st Street is the Bronx's civic center, where the Bronx County Courthouse, the Bronx Hall of Justice and Yankee Stadium sit within a few blocks of the Grand Concourse. Its office buildings on 161st Street are among the largest in the borough, and the Gateway Center at Bronx Terminal Market, beside the Major Deegan Expressway on the Harlem River, is one of its biggest shopping centers.

Office stock
2.6M SF
Office properties
54
Largest office
198 East 161st Street
Transit
4 B D at 161 St-Yankee Stadium

Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.

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NYC tax lot records

Office buildings in Concourse

What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.

Office space
2.6M SF
Properties with office space
54
All commercial space
11.2M SF
Built before 1940
51%

Largest office buildings

  1. 10 floors · built 1994
  2. 10 floors · built 1930
  3. 9 floors · built 2008
  4. 5 floors · built 2011
  5. 4 floors · built 1937
All 12 large commercial buildings in Concourse

Age, height and zoning

  • Median year built: 1938.
  • Median height: 3 floors.
  • Most common zoning districts: R8 (45), C4-4 (32), M1-4/R8A (13). 14% of these lots are zoned for manufacturing.
  • Historic districts: Grand Concourse Historic District (26 lots).
  • 2 lots are designated city landmarks.

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03. Counts cover tax lots with commercial floor area within about 0.4 mi of Concourse's commercial core, and each lot counts toward one neighborhood only, so boundaries are approximate. Building figures are the city's floor-area estimates, not available space.

MTA station data

Subway stations in Concourse

Every station within about 0.5 mi of Concourse's commercial core, closest first. Stations joined by a free transfer count once.

Stations
2
Subway lines
5
Fully accessible
2 of 2
Closest
161 St-Yankee Stadium, 5 min walk

The 2 stations

  • 161 St-Yankee Stadium5 min walk · Accessible station
  • 149 St-Hostos5 min walk · Accessible station

Lines

The 2, 4, 5, B and D trains stop within about 0.5 mi of Concourse's core.

Step-free access

  • 161 St-Yankee Stadium (4 B D) is fully accessible.
  • 149 St-Hostos (2 4 5) is fully accessible.

Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-03. Walking times are straight-line estimates from the nearest point of Concourse's commercial core (the same area as the building counts), so the street route is longer. Accessibility is the MTA's rating for the named station. PATH, LIRR, Metro-North and ferries are not in this data.

NYC Department of Buildings permits

Office build-outs in Concourse

In the 12 months to October 2026, the Department of Buildings issued first permits for 4 interior build-outs in 4 of the 5 office buildings Leasemark tracks in Concourse, with work permitted on 12 floors in all. Their filed cost estimates add up to about $33 million.

Most build-outs, last 12 months

  1. 8 floors with work
  2. 3 floors with work
  3. 1 floor with work
  4. Named parts only
  • 80% of the office buildings tracked here had a build-out, against 49% across the Bronx.

Build-outs by quarter

  • Q1 20251
  • Q2 20250
  • Q3 20250
  • Q4 20253
  • Q1 20260
  • Q2 20261
  • Q3 20260
  • Q4 2026 to Oct 10

Newest

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-03 (permits issued through 2026-10-01). A build-out groups interior jobs (construction, mechanical, plumbing, sprinklers and the like) on the same floors first permitted within 120 days of each other, dated by its first permit. Only the large buildings Leasemark tracks count (50,000 SF and up), not every permit in the neighborhood. Costs are the estimates filed with the jobs. A permit does not say who the work is for.

Before you sign

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

All guides

Questions about office space in Concourse

How much does office space cost in Concourse?

Pricing depends on building class, floor, condition and lease length. Post a requirement with your budget and Leasemark will match you with spaces that fit it as they are listed.

How do I find office space in Concourse that is not publicly listed?

Post a requirement on Leasemark. Owners and listing brokers see what you need (without your contact details) and can respond with spaces, including ones that are not on the market yet. You choose who gets an intro.

How is an office sublease in Concourse different from a direct lease?

You rent the space from the company that leases it now rather than from the landlord, for part of that company's remaining term. Subleases often come built out and furnished, run shorter than a direct lease and usually ask less than comparable direct space. The landlord has to consent in writing before anyone moves in, and the sublease ends when the lease above it does. Leasemark matches sublease listings with tenants looking to lease or sublease.

Read the guide to subleasing office space in NYC

Can I sublease my office space in Concourse?

Usually, with your landlord's written consent: most New York office leases require it, and many let the landlord take the space back instead (recapture) or claim a share of any rent above what you pay. You stay liable under your own lease while the subtenant is in. Read the subletting clause first, then list the space for free on Leasemark, where it is matched against every active requirement for this kind of space.

List your sublease for free

How much office space is there in Concourse?

New York City's PLUTO tax lot data (26v2) records about 2.6 million square feet of office floor area across 54 properties in the part of Concourse Leasemark covers. The largest by that measure is 198 East 161st Street, at about 310,000 square feet. That is the existing building stock, not space currently for sublease.

What subway lines serve Concourse?

Two subway stations sit within about 0.5 mi of Concourse's commercial core, served by the 2, 4, 5, B and D trains. The closest is 161 St-Yankee Stadium (4 B D), roughly 5 minutes on foot; then 149 St-Hostos (2 4 5). Walking times are straight-line estimates from MTA station data.

Are offices being built out in Concourse?

In the 12 months to October 2026, the Department of Buildings issued first permits for 4 interior build-outs in 4 of the 5 office buildings Leasemark tracks in Concourse, with work permitted on 12 floors in all. Their filed cost estimates add up to about $33 million. The most were at 198 East 161st Street (1 build-out). A build-out here is interior work on the same floors (construction, mechanical, plumbing, sprinklers and the like) first permitted within 120 days. New interior work usually follows a lease, so it is a rough sign of where tenants are moving in, but a permit does not say who the work is for.

Build-outs in every NYC neighborhood

Is it free to post on Leasemark?

Yes. Posting a space or a requirement is free. Contact details are only shared when both sides accept an intro.