The typical asking rate per listing is in the $130's per square foot per year. The Harlem submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $133 per sqft per year.
Compared to the rest of the New York City market, the Harlem region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 16 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Harlem 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,400 sqft. Most buildings in this market are approximately 5 stories. Most buildings in this region were built in 1920 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Most of the occupants of Harlem work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.