Westchester Industrial

Westchester

Office Space Market Report

Number of Listings (last 90 days)
71
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
3,050
As of: June 22, 2017

Westchester Rates

Most listings are in the $30's per square foot per year. The Westchester submarket is going through a a rise in rates. In the last 3 months, the median rate went up $36 per sqft per year.

Westchester Listing Supply

In the last 90 days, 71 listings have come on the market, so you'll want to check back regularly for new listings. About 17% of the available leases in the Westchester 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,050 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 5 floors. Most buildings in this region were built in 1973 and are Class A.

Westchester Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Westchester residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Westchester.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Westchester.
Research