The typical asking rate per listing is in the $30's per square foot per year. The Downtown New Haven submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 26% increase in rent.
In the last 90 days, 6 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 350% of the available leases in the Downtown New Haven 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.
Even though the median size is 4,640 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this market were built in 1900 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the folk of Downtown New Haven work from home. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.