On average, listings lease in the $0's per square foot per year. The Downtown New Rochelle region is experiencing a decline in rates. In the last 3 months, the median rate fell $26 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 3 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most properties in this market 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 area. Commute by taxi is the most popular way to get to work amongst Downtown New Rochelle residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.