Compared to the rest of the New York City market, the NoHo submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 23 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 4% of the listings in the NoHo are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,980 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 7 floors. Most buildings in this region were built in 1908 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst NoHo occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.