Lower East Office Space For Lease

Lower East

Market Report

Number of Listings For Lease
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,500

Lower East Commercial Real Estate

Find Lower East commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Lower East commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Lower East Listing Supply

In the last 90 days, 36 commercial real estate listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the available commercial real estate leases in the Lower East 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.

The standard size for office space in this area is around 9,670 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built around 1989 and are Class A.

Lower East Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Lower East residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Lower East.
Research