Most listings are in the $90's per square foot per year. The Lenox Hill region is experiencing a a boost in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 9% rise in rent.
Compared to the rest of the New York City market, the Lenox Hill region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 43 listings have been posted online, so you'll want to check back regularly for new listings. About 14% of the available leases in the Lenox Hill are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 5,510 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 6 floors. Most buildings in this market were built in 1920 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Construction is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Lenox Hill folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.