Compared to the rest of the New York City market, the Turtle Bay submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 69 listings have been listed, so you'll want to check back regularly for new listings. About 17% of the available leases in the Turtle Bay 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,220 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 20 stories. Most buildings in this market were built in 1951 and are Class A.
This market is fairly equally mixed residential and commercial. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Turtle Bay occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.