Compared to the rest of the New York City market, the East Harlem region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 15 listings have been listed, which means leases might be 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 1,250 sqft. Most buildings in this area are approximately 5 floors. Most buildings in this area were built in 1920 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 bike is the most popular way to get to work amongst East Harlem residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.