Office space and property in New York

How much office space the five boroughs hold, what it sells for, and how much of it stands empty.

Updated September 2026 · Every figure sourced below
675,164,583
Office floor area (sq ft)
Source: NYC Department of City Planning, PLUTO (via NYC Open Data), 2026 (PLUTO 26v2) · data
$7,219,335,418
Office building sales, total price (US dollars)
Source: NYC Department of Finance, annualized sales (via NYC Open Data), 2025 · data
254
Office building sales, number of sales
Source: NYC Department of Finance, annualized sales (via NYC Open Data), 2025 · data
12.9%
Citywide office vacancy rate (percent)
Source: NYC Economic Development Corporation, Economic Snapshot (CoStar data), 2026 Q2 · data

Office building sales by year, five boroughs

US dollars
$2bn $4bn $6bn $8bn $10bn $12bn 20172019202120232025 $7.22bn $2bn $4bn $6bn $8bn $10bn $12bn 2017202020232025 $7.22bn
Source: NYC Department of Finance, annualized sales (via NYC Open Data) · data · Chart: The Manhattan Business Review

ZIP codes with the most office floor area (sq ft)

#ZIP codeOffice floor area, sq ft
11001748,951,628
21000148,524,159
31002238,410,719
41003634,572,950
51001933,646,172
61001830,044,985
71001626,245,035
81000723,217,282
91120121,757,512
101000420,462,741
Source: NYC Department of City Planning, PLUTO (via NYC Open Data) · data