Most listings are in the $40's per square foot per year. The Lynbrook submarket is going through a a boost in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 17% rise in rent.
In the last 90 days, 35 listings have been listed, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 6% of the office spaces in the Lynbrook 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 available, so finding a space for a small business might be tough.
Even though the median size is 11,780 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 4 floors. Most buildings in this region were built in 1945 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Lynbrook occupants. Commuting approximately 15 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 Lynbrook.
Get email notifications when new listings are posted that match your requirements.