Office space for sublease in Midtown

No office space for sublease in Midtown is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 783 Madison 4th Floor in the Upper East Side (994 SF, $66.40/SF/yr). Post what you need and Leasemark matches you the day a space that fits is listed; your contact details stay private until you accept an intro. Owners and brokers can list a space here for free.

Get matched in Midtown

Leasemark has no asking rents posted here yet, so here are the city's own numbers. Office buildings in Manhattan collected a median $52.08 per square foot in 2024, and the middle half between $38.22 and $74.58, according to the income and expense statements owners file with the NYC Department of Finance (FY 2027 distributions, 1,506 filings). The city publishes these figures by borough, so this is Manhattan as a whole, not Midtown alone. That is what buildings actually collected, with vacant space, concessions and leases signed years ago in the mix, so it is a baseline rather than a quote: a specific space's price depends on the building's class, floor, condition and the length of the lease.

Compare every borough

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.

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

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

New York City's PLUTO tax lot data (26v2) records about 137.2 million square feet of office floor area across 774 properties in the part of Midtown Leasemark covers. The largest by that measure is 1221 Avenue of the Americas, at about 2.4 million square feet. That is the existing building stock, not space currently for sublease.

18 subway stations sit within about 0.5 mi of Midtown's commercial core, served by the 1, 2, 3, 4, 5, 6, 7, A, B, C, D, E, F, M, N, Q, R, W and S trains. The closest is 47-50 Sts-Rockefeller Ctr (B D F M), roughly 1 minute on foot; then 42 St-Bryant Pk (B D F M 7), 49 St (N R W), Times Sq-42 St (1 2 3 7 N Q R W S A C E), 7 Av (B D E), 5 Av/59 St (N R W), 50 St (1) and 11 more. Walking times are straight-line estimates from MTA station data.

In the 12 months to October 2026, the Department of Buildings issued first permits for 1,235 interior build-outs in 246 of the 351 office buildings Leasemark tracks in Midtown, with work permitted on 1,950 floors in all. Their filed cost estimates add up to about $2087 million. The most were at 277 Park Avenue (26 build-outs). 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

Yes, for larger leases. Midtown is in Manhattan below 96th Street, where the city's Commercial Rent Tax applies. A tenant owes it only when base rent for the space is $250,000 a year or more. The tax is 6% of base rent after a 35% reduction, so 3.9% of rent, with a sliding credit between $250,000 and $300,000, and the Small Business Tax Credit wipes it out for businesses with total income of $5 million or less and base rent under $500,000.

Estimate it with the Commercial Rent Tax calculator

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