On average, listings lease in the $0's per square foot per year. The Fashion District submarket is going through a decrease in rates. In the last 3 months, the median rate fell $30 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 53 listings have been posted online, so you'll want to check back regularly for new listings. 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 sqft. Most properties in this region are around 4 floors. Most buildings in this market were built in 1924 and are Class B.
This market is fairly equally mixed residential and commercial. Professional services is the dominant industry in this area. Most of the folk of Fashion District work from home. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.