Most listings are in the $60's per square foot per year. The Chinatown submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 7% increase in rent.
In the last 90 days, 2 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. 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 2,780 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 0 floors. Most buildings in this market were built in 1938 and are Class A.
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 region. Commute by public transit is the most popular way to get to work amongst Chinatown folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.