Compared to the rest of the New York City market, the SoHo region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1351 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the office spaces in the SoHo 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,600 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 5 floors. Most buildings in this area were built in 1910 and are Class B.
This area is fairly equally mixed residential and commercial. Utilities is the dominant industry in this region. Most of the residents of SoHo work from home. Commuting around 20 minutes 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 SoHo.
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