The typical asking rate per listing is in the $90's per square foot per year. The Rockefeller Center submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $16 per sqft per year. That's a 20% rise in rent.
Compared to the rest of the New York City market, the Rockefeller Center region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 14 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the listings in the Rockefeller Center are subleases, so you might be able to find a shorter term or below market rent. 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 2,610 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 25 floors. Most buildings in this region were built in 1935 and are Class A.
Public administration is the dominant industry in this market. Most of the folk of Rockefeller Center work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.