Compared to the rest of the New York City market, the Upper East Side submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 80 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the listings in the Upper East Side are subleases, so you will probably have to consider a longer term lease. 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 2,650 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 5 stories. Most buildings in this market were built in 1920 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Most of the occupants of Upper East Side work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.