Compared to the rest of the New York City market, the Flatiron District region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 93 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the available leases in the Flatiron District are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,050 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 9 floors. Most buildings in this market were built in 1910 and are Class B.
Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Flatiron District occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.