Prospect Lefferts Gardens Commercial Real Estate For Lease

Prospect Lefferts Gardens

Market Report

Number of Listings For Lease
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$73
Median Size (sqft)
44,410

Prospect Lefferts Gardens Commercial Real Estate

Find Prospect Lefferts Gardens commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Prospect Lefferts Gardens commercial real estate broker in Prospect Lefferts Gardens' Top Broker Directory. Learn about Prospect Lefferts Gardens commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Prospect Lefferts Gardens Rates

The typical asking rate per commerial real estate listing leases is in the $70's per square foot per year. The Prospect Lefferts Gardens submarket is going through a a boost in rates. In the last 3 months, the median rate for lease increased $73 per sqft per year.

Compared to the rest of the New York City commercial real estate market, the Prospect Lefferts Gardens region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Prospect Lefferts Gardens Listing Supply

In the last 90 days, 23 commercial real estate listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available commercial real estate space in the Prospect Lefferts Gardens are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 44,410 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built around 1931 and are Class A.

Prospect Lefferts Gardens Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Prospect Lefferts Gardens occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Prospect Lefferts Gardens.
Research