In the last 90 days, 14 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 7% of the available leases in the Lower East are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,390 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1989 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Lower East occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.