Compared to the rest of the New York City market, the Flatiron District submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 93 listings have been listed, so you'll want to check back regularly for new listings. About 12% of the available space in the Flatiron District are subleases, so you might be able to snag a great spot on a short term. 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 3,050 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 9 stories. Most buildings in this region were built in 1910 and are Class B.
Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Flatiron District residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.