On average, listings lease in the $10's per square foot per year. The Chelsea submarket is going through a an increase in rates. In the last 3 months, the median rate rose $15 per sqft per year. That's a Inf% increase in rent.
In the last 90 days, 1 listings have been made available, which means leases are probably going fast. 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.
Even though the median size is 2,660 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 stories.