Compared to the rest of the New York City market, the Harlem region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 33 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 spaces below 2,000 sqft. Most buildings in this market are around 5 floors. Most buildings in this market 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. Utilities is the dominant industry in this area. Most of the occupants of Harlem work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.