Most listings are in the $270's per square foot per year. The West Village submarket is going through a a rise in rates. In the last 3 months, the median rate went up $48 per sqft per year. That's a 21% increase in rent.
Compared to the rest of the New York City market, the West Village region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 24 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 4% of the available space in the West Village are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 6,350 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 4 stories. Most buildings in this region were built in 1910 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by car is the most popular way to get to work amongst West Village folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.