The Bronx office market saw 20 transactions in 2025, representing a 100% increase from the prior year according to RM Friedland's year-end market report. This improvement reflects renewed buyer engagement and a more functional office market, though deal activity remained concentrated in smaller-scale office and professional buildings.

Total office sales volume in the Bronx reached $100 million in 2025, up 101% from the previous year. The average deal price remained flat at $5.0 million, while pricing per square foot increased 1.8% to $368 according to RM Friedland's market analysis.

The largest office transaction was MADDD Equities' acquisition of the Bronx General Post Office at 558 Grand Concourse for $44 million in July 2025. The 175,316 SF landmark office property traded at $251 per square foot, with the buyer focusing on restoring and repositioning historically significant buildings.

Bronx office pricing per square foot held steady overall at $368 in 2025, up just 1.8% from 2024. Higher-quality assets demonstrated stronger performance, while lower-tier properties continued facing headwinds tied to leasing uncertainty and repositioning risk according to RM Friedland's analysis.

Trading activity in the Bronx office market concentrated in smaller-scale office and professional buildings in 2025, where demand remains tied to local tenancy and specialized uses. Buyers prioritized buildings with durable occupancy and clear use cases, while sellers showed greater willingness to transact at adjusted valuations.

Bronx office property owners face ongoing challenges including leasing uncertainty and repositioning risk for lower-tier properties. However, the market showed signs of stabilization in 2025, with buyers remaining selective and prioritizing buildings with durable occupancy according to RM Friedland's year-end report.

Notable Bronx office transactions occurred across several neighborhoods in 2025, including Concourse (558 Grand Concourse for $44M), Allerton (1529 Williamsbridge Rd for $15.9M), Fordham (2532 Grand Concourse for $7.99M), and Riverdale (521 W 239th St for $3M) according to RM Friedland data.

The Bronx office market showed signs of stabilization in 2025 with renewed buyer engagement, though it remains measured and selective. Buyers continue prioritizing buildings with durable occupancy and clear use cases, while the market demonstrates greater functionality at adjusted valuations according to RM Friedland's analysis.