The typical asking rate per listing is in the $20's per square foot per year. The Downtown New Rochelle region is seeing a a boost in rates. In the last 3 months, the median rate rose $26 per sqft per year.
In the last 90 days, 43 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Downtown New Rochelle are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,200 sqft. Most buildings in this market are close to 3 floors. Most buildings in this region were built in 1972 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Downtown New Rochelle residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown New Rochelle.
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