The typical asking rate per listing is in the $0's per square foot per year. The Chelsea region is going through a decrease in rates. In the last 3 months, the median rate fell $65 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 280 listings have been listed, so you'll want to check back regularly for new listings. 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 sqft. Most buildings in this area are approximately 11 floors. Most buildings in this market were built in 1914 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Public administration is the dominant industry in this market. Most of the folk of Chelsea 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.