Compared to the rest of the New York City market, the Lincoln Square region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 6 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the available space in the Lincoln Square are subleases, so you might be able to find a shorter term or below market rent. 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 1,500 sqft. Most properties in this market are approximately 12 stories. Most buildings in this area were built in 1925 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Lincoln Square folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.