NoLita Office Space

NoLita

Office Space Market Report

Number of Listings (last 90 days)
4
Median Size (sqft)
6,000
As of: June 26, 2017

NoLita Rates

NoLita Listing Supply

In the last 90 days, 4 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the office spaces in the NoLita 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 6,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 5 floors. Most buildings in this region were built in 1900 and are Class A.

NoLita Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst NoLita folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in NoLita.
Market Report

Market Data

Real time and historical data on commercial real estate listings in NoLita.
Research