Compared to the rest of the New York City market, the SoHo submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 74 listings have come on the market, so you'll want to check back regularly for new listings. About 12% of the office spaces in the SoHo are subleases, so you might be able to snag a great spot on a short term. 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 2,930 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 5 floors. Most buildings in this region were built in 1910 and are Class B.
This region is fairly equally mixed residential and commercial. Utilities is the dominant industry in this area. Most of the folk of SoHo work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.