Compared to the rest of the New York City market, the Kensington region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 23 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 4% of the available space in the Kensington are subleases, so you will probably have to focus your search on direct office leases. 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 1,200 sqft. Most properties in this region are close to 3 floors. Most buildings in this market were built in 1963 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Kensington folk. 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 Kensington.
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