On average, listings lease in the $20's per square foot per year. The Central New Haven region is seeing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 21% decrease in rent.
In the last 90 days, 205 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the listings in the Central New Haven 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.
The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this area were built in 1925 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Most of the residents of Central New Haven work from home. Commuting between 30 and 45 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 Central New Haven.
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