Bayside Commercial Real Estate

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Bayside

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
1,600

Bayside Rates

On average, listings lease in the $50's per square foot per year. The Bayside region is seeing a decline in rates. In the last 3 months, the median rate decreased $17 per sqft per year. That's a 25% decrease in rent.

Compared to the rest of the New York City market, the Bayside submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Bayside Listing Supply

In the last 90 days, 80 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the available space in the Bayside 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,600 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 1987 and are Class A.

Bayside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Bayside residents. Commuting between 30 and 45 minutes 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 Bayside.
Research