On average, listings lease in the $100's per square foot per year. The Rose Hill submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $84 per sqft per year. That's a 44% decrease in rent.
Compared to the rest of the New York City market, the Rose Hill submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 460 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the available leases in the Rose Hill 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,510 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 8 stories. Most buildings in this area were built in 1916 and are Class B.
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 bike is the most popular way to get to work amongst Rose Hill folk. Commuting around an hour 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 Rose Hill.
Get email notifications when new listings are posted that match your requirements.