Compared to the rest of the New York City market, the Georgetown region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 12 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the available leases in the Georgetown 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,200 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this region were built in 2004 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Georgetown residents. Commuting around 10 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 Georgetown.
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