Compared to the rest of the New York City market, the Concourse region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 12 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available space in the Concourse 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 measurement for office space in this area is around 1,260 sqft. Most properties in this region are approximately 11 floors. Most buildings in this area were built in 1971.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Concourse folk. Commuting between 30 and 45 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 Concourse.
Get email notifications when new listings are posted that match your requirements.