Compared to the rest of the New York City market, the West Village region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 25 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 132% of the available space in the West Village 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 12,630 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 4 floors. Most buildings in this market 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 occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.