Terrace Venues for Rent in New York City, NY

In New York City, prices of terrace venues average $55 per person. Costs vary depending on guest capacity, popularity, location, and amenities like sound systems or bar services. Extra charges may apply for custom catering, decor, or event planning services. Packages with add-ons, such as DJs, photo booths, or other entertainment services, can also increase the overall cost. Check out the typical price ranges in New York City, based on Tagvenue data from October 2025:

Based on the popularity and user ratings on Tagvenue (updated October 2025), the best options include:

• Patio at Highwater Rooftop in Financial District - rated 5/5
  Our user said: ‘Everything was amazing from the first second with connected with Maggie!’

• The Terrace at The Raines Law Room at The William in Murray Hill - rated 4.9/5
  Our user said: ‘We'll continue to share this space with our future clients and look forward to returning.’

• SoHo Loft Penthouse at Penthouse Six Rooftop in South Village - rated 4.8/5
  Our user said: ‘The proposal went perfectly well and I have nothing but great things to say about Claudia and her venue!’

You'll find terrace venues in various sizes, from smaller spots to larger venues; keep in mind that the type of space and your chosen layout will affect the capacity! Below you can see the typical venue sizes in New York City, together with the standard prices in each size range, based on Tagvenue data (October 2025):

Terrace venues are exceptionally suited for events that benefit from an open, airy environment and a scenic background. They are ideal for hosting wedding receptions, where the open sky and panoramic views can add a romantic and memorable element to the celebration. Corporate events such as cocktail receptions, networking gatherings, and award ceremonies are also ideal in terrace settings, offering a relaxed yet sophisticated atmosphere that encourages interaction and enjoyment. Additionally, terrace venues are perfect for personal celebrations like birthday parties or engagement parties.

• Space and Setup: Make sure the venue can accommodate all your guests and any tables, chairs, or other setups you may need. Think about both standing room and seating arrangements.
• Weather Plans: New York weather can change quickly. Check if the venue has covers like umbrellas or an indoor area available in case it rains.
• View and Location: A big part of the appeal of a terrace venue is its view. Make sure it has the scenery you want, whether it's a city skyline or a particular landmark.
• Easy to Get To: Ensure everyone can easily get to and from the venue. This might mean checking if there's an elevator to the terrace.
• Facilities: Check what's included with the venue, such as tables, chairs, lights, and audio equipment, or if you need to rent extra items.
• Food and Drink: Find out if you need to use the venue's catering services or if you can bring in an external caterer. Also, ask about their rules for bringing alcohol and any extra costs like corkage fees.