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Age is Just a Number: A Breakdown of the Age of Manhattan’s Submarkets

Photo by Pedro Lastra on Unsplash

Here are some stats on the average office building in Manhattan.

• Average age: 68 years old.
• Approximately 46% were built prior to World War II (aka “pre-war”)
• 30% were built after World War II but before 1980 (aka “post-war”)
• 14% of the inventory was built between 1980-1999 (aka “post-1980”)
• One in 10 office buildings in Manhattan were built after 2000 (aka “post-2000”).

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