Most listings are in the $50's per square foot per year. The Chinatown submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 6% decrease in rent.
In the last 90 days, 5 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. 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 2,830 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 0 floors. Most buildings in this area were built in 1938 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Chinatown residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.