The typical asking rate per listing is in the $30's per square foot per year. The East Garden City submarket is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decrease in rent.
In the last 90 days, 221 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the office spaces in the East Garden City are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,500 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 6 floors. Most buildings in this market were built in 1980 and are Class A.
Real time and historical data on commercial real estate listings in East Garden City.
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