On average, listings lease in the $40's per square foot per year. The Oaksterdam region is seeing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 8% decrease in rent.
In the last 90 days, 16 listings have been posted online, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,500 sqft. Most properties in this area are around 4 floors. Most buildings in this region were built in 1926 and are Class B.
This region is fairly equally mixed residential and commercial. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Oaksterdam residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.