Most listings are in the $0's per square foot per year. The Cos Cob submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $46 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 1 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,850 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this market were built in 1967 and are Class A.