The invention discloses a prefabricated rail top air duct of a subway station. The prefabricated rail top air duct of the subway station comprises a first prefabricated side plate, a second prefabricated side plate, an air duct bottom plate, a first screw rod, a second screw rod, a third screw rod, a fourth screw rod, a first waterproof rubber ring, a second waterproof rubber ring, a third waterproof rubber ring and a fourth waterproof rubber ring, wherein the first prefabricated side plate comprises a first upright post, a second upright post, a first panel, a first side foot plate and a second side foot plate; the second prefabricated side plate comprises a third upright post, a fourth upright post, a second panel, a third side foot plate and a fourth side foot plate; and the air duct bottom plate is lapped on the first side foot plate, the second side foot plate, the third side foot plate and the fourth side foot plate. The invention also discloses a hoisting installation method ofthe prefabricated rail top air duct of the subway station. According to the prefabricated rail top air duct of the subway station and the hoisting installation method thereof, the construction periodcan be shortened, the construction quality can be improved, the construction cost can be reduced, the safe and civilized construction degree can be improved, the water can be prevented from leaking from a middle plate of the station to a rail top air duct, the normal use of a shielding door of the subway station can be ensured, and the problem that the service life of the prefabricated rail top air duct is influenced due to heavy weight of components can be solved.