On average, listings lease in the $0's per square foot per year. The NoHo region is going through a decrease in rates. In the last 3 months, the median rate decreased $86 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 5 listings have been made available, which means 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 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 2,000 sqft. Most properties in this area are around 7 stories. Most buildings in this market were built in 1903 and are Class B.
A large portion of this market 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 occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.