The typical asking rate per listing is in the $30's per square foot per year. The Melville region is experiencing a decline in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 26% decline in rent.
In the last 90 days, 333 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the available leases in the Melville 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 1,780 sqft. Most properties in this region are close to 3 stories. Most buildings in this region were built in 1981 and are Class A.
Real time and historical data on commercial real estate listings in Melville.
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