The typical asking rate per listing is in the $10's per square foot per year. The Central Park submarket is going through a a boost in rates. In the last 3 months, the median rate went up $16 per sqft per year. That's a Inf% increase in rent.
In the last 90 days, 3 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,490 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market were built in 2004 and are Class B.
This market is fairly equally mixed residential and commercial. Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Central Park residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.