The typical asking rate per listing is in the $20's per square foot per year. The Downtown New Rochelle submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $26 per sqft per year.
In the last 90 days, 8 listings have come on the market, which means spaces 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.
The standard measurement for office space in this area is around 2,200 sqft. Most properties in this region are close to 3 floors. Most buildings in this region were built in 1932 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Downtown New Rochelle folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.