Most listings are in the $30's per square foot per year. The Midtown region is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decrease in rent.
In the last 90 days, 14 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 7% of the available space in the Midtown are subleases, so you will probably have to consider a longer term lease. 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 measurement for office space in this area is around 2,120 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1977 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Midtown residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.