In the last 90 days, 1 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,650 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market were built in 1959 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Most of the residents of South Manhattan 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.