Most listings are in the $0's per square foot per year. The SoHo submarket 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% decline in rent.
In the last 90 days, 159 listings have been listed, so you'll want to check back regularly for new listings. 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 sqft. Most properties in this area are approximately 5 floors. Most buildings in this area were built in 1910 and are Class B.
This market 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 close to 20 minutes a day is the norm for those who opt to reside in this part of town.