Most listings are in the $100's per square foot per year. The Turtle Bay region is seeing a a boost in rates. In the last 3 months, the median rate went up $23 per sqft per year. That's a 29% increase in rent.
Compared to the rest of the New York City market, the Turtle Bay region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 109 listings have been made available, so you'll want to check back regularly for new listings. About 14% of the available space in the Turtle Bay 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,220 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 21 floors. Most buildings in this region were built in 1952 and are Class A.
This market is fairly equally mixed residential and commercial. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Turtle Bay folk. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.