Compared to the rest of the New York City market, the Chinatown region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 20 listings have come on the market, which means listings 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.
The standard measurement for office space in this area is around 1,500 sqft. Most properties in this area are around 6 floors. Most buildings in this area were built in 1912 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Chinatown folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.