East Shore Commercial Real Estate

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East Shore

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,000

East Shore Rates

The typical asking rate per listing is in the $10's per square foot per year. The East Shore submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 29% decline in rent.

Compared to the rest of the New York City market, the East Shore region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

East Shore Listing Supply

In the last 90 days, 96 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the listings in the East Shore 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 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1958 and are Class A.

East Shore Community

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. Most of the occupants of East Shore work from home. 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 East Shore.
Research