Also known as Silicon Alley, Flatiron is one of New York City’s most popular neighborhoods for tech startups, creative agencies, and small businesses.
With many of the office buildings being lofts with high ceilings, large windows, and intricate architectural details, the area has a unique feel compared to other business districts in Manhattan.
If you’re looking for a cool, hip office environment in a prime location, Flatiron is definitely worth considering. But finding office space for rent in Flatiron can be challenging, unless you team up with the right commercial real estate broker.
Here are a few tips to help you find the perfect office space for rent in Flatiron:
1. Start Your Search Early
If you’re looking for office space in Flatiron, it’s important to start your search early. The competition for the top spaces at the best price is high, so you’ll want to give yourself plenty of time to find the perfect space.
Starting your search a few months in advance will give you the best chance of finding a great space at a reasonable price.
2. Have a Budget in Mind
When looking for office space in Flatiron, it’s important to have a budget in mind. The prices can vary greatly depending on the size and location of the space, so you’ll want to make sure you know how much you’re willing to spend. In this post pandemic soft office market you might be lucky enough to find space in the low to mid $30’s per square foot, but for the top most prestigious office buildings in Flatiron you could be looking at prices as high as $110 per square foot.
3. Consider Shared Office Space / Co-Working
If you’re having trouble finding a suitable office space for rent in Flatiron, you may want to consider shared office space otherwise known as co-working. This is an excellent option if you don’t need a large space. Now the price per square foot for co-working spaces is actually very high, but you also get lots of really cool amenities like a fully manned reception desk, mail room, conference rooms, free coffee, and other great perks as well.
Co-working space can also be a good option if you’re looking for a more collaborative environment.
4. Know What You Need
Are you looking for an open floor plan? Or do you need a more traditional office space with private offices and meeting rooms? Perhaps you’re looking for a loft-style space with high ceilings and exposed brick walls. Or maybe you want the best of both worlds and you’re looking for a mostly open creative layout that also has separate offices and a conference room. This “best of both worlds” layout is what many tech, media, and creatives are opting for these days.
Before you start your search for office space in Flatiron, it’s important to know what you need. This will help you narrow down your options and find the perfect space for your business.
5. Location is Key
Location should be one of your main considerations when looking for office space in Flatiron. The neighborhood is home to many tech startups and creative agencies, so you’ll want to make sure you’re close to public transportation and other businesses.
You’ll also want to consider the surrounding area when choosing a location. If you’re looking for a more lively environment, you may want to consider a space near Union Square.
6. Get Help from a Real Estate Agent
The first and most important decision you can make to find your business the perfect Flatiron office space is to team up with a great commercial real estate agent who knows the lay of the land. A good agent will be familiar with the area and can help you negotiate a great deal at the best price possible for your Flatiron dream office.
Corbett & Dullea is an expert in the Flatiron office market and we’ve been servicing this neighborhood for 2 decades. Call us now to find your business the perfect office space. Oh and landlords pay us so you don’t have to. That’s right we work for free to you.
Flatiron isn’t like other business districts in Manhattan. The area has a unique feel and is home to many tech startups and creative agencies. Finding office space for rent in Flatiron can be challenging, but keeping the above tips in mind will help you find the perfect space for your business.