The typical asking rate per listing is in the $60's per square foot per year. The Chinatown region is experiencing a a rise in rates. In the last 3 months, the median rate increased $65 per sqft per year.
In the last 90 days, 3 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available leases in the Chinatown are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 7,680 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 8 stories. Most buildings in this region were built in 2004 and are Class A.
This region is fairly equally mixed residential and commercial. Construction is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Chinatown folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.