Bayside Retail

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Bayside

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
1,100

Bayside Rates

The typical asking rate per listing is in the $50's per square foot per year. The Bayside submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $17 per sqft per year. That's a 25% decrease in rent.

Compared to the rest of the New York City market, the Bayside region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Bayside Listing Supply

In the last 90 days, 80 listings have been made available, so you'll want to check back regularly for new listings. About 8% of the available space in the Bayside 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 1,100 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market were built in 1987 and are Class A.

Bayside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Bayside occupants. 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 Bayside.
Research