Compared to the rest of the New York City market, the NoHo submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 21 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 5% of the listings in the NoHo are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,980 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 7 stories. Most buildings in this region were built in 1908 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst NoHo folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.