Hudson Yards
NYC's newest business district, built over the West Side rail yards. From trophy office towers to development sites, we handle Far West Side commercial sales.
Trophy Office/SF
Cap Rate Range
Total Development
Tenant Base
NYC's Largest Private Development
$25B+ invested across 28 acres of office, residential, retail, and cultural space
Hudson Yards Submarkets
Hudson Yards Core
The main Hudson Yards development: Class A+ office towers, luxury retail, and The Vessel. Several of the city's largest corporate relocations landed here.
Manhattan West
Brookfield's 8-million-SF mixed-use development west of Penn Station. New office towers over a retail podium.
High Line Corridor
Buildings along the High Line from Gansevoort to 34th Street: boutique office, galleries, and experiential retail.
Property Types in Hudson Yards
Class A+ Office
Avg: 1,000,000 SF
Development Sites
Avg: 500,000 BSF
Mixed-Use
Avg: 300,000 SF
Retail Podium
Avg: 150,000 SF
Hudson Yards Real Estate FAQ
What is the average cap rate for Hudson Yards commercial properties?
Trophy office in Hudson Yards trades at 4.0-5.0%, the tightest cap rates in NYC. Buyers pay up for new construction, current amenities, and a Fortune 500 rent roll. Development sites and older Far West Side properties can reach 5.0-5.5%. Skyline Properties tracks every Hudson Yards trade and development site.
What makes Hudson Yards attractive for commercial investment?
It is NYC's largest private development and newest business district. The 7 train extension, new office towers, luxury retail at The Shops, and cultural venues like The Shed turned the Far West Side from rail yards into a corporate address. Major tenants include BlackRock, WarnerMedia, Facebook, and Wells Fargo.
What development opportunities exist in Hudson Yards?
The core Hudson Yards platform is mostly built out. The opportunity now is in the surrounding Far West Side: air rights transfers, commercial conversions, and assemblages. Development around Manhattan West and the Moynihan Train Hall is still active.
How do I acquire commercial property in Hudson Yards?
Mostly off-market. Hudson Yards assets are held by institutions and rarely trade publicly. Skyline Properties knows the major developers, REITs, and pension funds active in the district. Call Robert Khodadadian for confidential access to Hudson Yards deals.
Interested in Hudson Yards Investment?
Hudson Yards assets rarely trade publicly. Robert Khodadadian knows the developers, REITs, and pension funds active in the district and can bring you confidential acquisition opportunities.