Most listings are in the $80's per square foot per year. The NoHo submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $33 per sqft per year. That's a 28% decrease in rent.
Compared to the rest of the New York City market, the NoHo region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 138 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the available space in the NoHo are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 7 floors. Most buildings in this region were built in 1905 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst NoHo occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in NoHo.
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