Compared to the rest of the New York City market, the East Harlem submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 27 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 5,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 5 stories. Most buildings in this area were built in 1920 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 area. Commute by bike is the most popular way to get to work amongst East Harlem occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.