Most listings are in the $20's per square foot per year. The Downtown New Rochelle submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 11% increase in rent.
In the last 90 days, 8 listings have come on the market, which means office spaces might be going fast. 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 1,050 sqft. Most properties in this area are close to 3 floors. Most buildings in this area were built in 1932 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Downtown New Rochelle residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.