Compared to the rest of the New York City market, the South Bronx region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 172 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the listings in the South Bronx are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 900 sqft. Most buildings in this area are close to 4 floors. Most buildings in this area were built in 1931 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the folk of South Bronx work from home. Commuting approximately 10 minutes 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 South Bronx.
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