Compared to the rest of the New York City market, the Alphabet City submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have been made available, which means office 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.
The standard measurement for office space in this area is around 400 sqft. Most properties in this area are around 5 floors. Most buildings in this area were built in 1901 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Alphabet City residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.