NoHo Commercial Real Estate For Lease

640 Broadway - 2 Spaces NoHo, New York City, NY  
Nov 02
920 - 1,240
sqft
Office
632 Broadway - Floor 5 NoHo, New York City, NY  
Aug 23
10,000
sqft
Sublease Office

NoHo

Market Report

Number of Listings For Lease
Posted in the last 90 days
22
Median Rate ($/sqft/yr)
$158
Median Size (sqft)
2,000

NoHo Commercial Real Estate

Find NoHo commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a NoHo commercial real estate broker in NoHo's Top Broker Directory. Learn about NoHo commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

NoHo Rates

Most commerial real estate listings for lease are in the $150's per square foot per year. The NoHo region is going through a a rise in rates. In the last 3 months, the median rate for lease went up $74 per sqft per year. That's a 88% increase in rent.

Compared to the rest of the New York City commercial real estate market, the NoHo region has more expensive rates for rent, and you may need to pay a premium to be in this hot region.

NoHo Listing Supply

In the last 90 days, 138 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate leases in the NoHo are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard size for office space in this area is around 2,000 sqft. Most buildings in this region are close to 7 stories. Most buildings in this market were built around 1900 and are Class .

NoHo Community

A large portion of this area is residential, but there's plenty of office space. Manufacturing is the dominant industry in this market. 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.

Market Data

Real time and historical data on commercial real estate listings in NoHo.
Research