The typical asking rate per listing is in the $0's per square foot per year. The Little Italy submarket is going through a decline in rates. In the last 3 months, the median rate decreased $65 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 1 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most properties in this market are close to 6 floors. Most buildings in this region were built in 1910 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Little Italy occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.