Compared to the rest of the New York City market, the Greenwich Village submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 27 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 89% of the available leases in the Greenwich Village are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,320 sqft. Most properties in this region are approximately 6 floors. Most buildings in this market were built in 1906 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Greenwich Village residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.