Most listings are in the $70's per square foot per year. The Rockefeller Center region is seeing a decline in rates. In the last 3 months, the median rate decreased $51 per sqft per year. That's a 39% decline in rent.
Compared to the rest of the New York City market, the Rockefeller Center region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 3 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the Rockefeller Center are subleases, so you might be able to snag a great spot on a short term. 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 960 sqft. Most buildings in this market are close to 25 floors. Most buildings in this area were built in 1935 and are Class A.
Public administration is the dominant industry in this market. Most of the occupants of Rockefeller Center work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.