In the last 90 days, 4 listings have been listed, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 25% of the listings in the NoLita are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 6,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 5 stories. Most buildings in this region were built in 1900 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst NoLita occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.