The typical asking rate per listing is in the $0's per square foot per year. The NoHo submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $82 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 20 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 region are around 7 stories. Most buildings in this area were built in 1908 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst NoHo residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.