Compared to the rest of the New York City market, the Bowery region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 6 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 83% of the available space in the Bowery 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.
The standard measurement for office space in this area is around 1,660 sqft. Most buildings in this area are approximately 5 floors. Most buildings in this area were built in 1910 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Most of the residents of Bowery work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.