Lower East Industrial

Lower East

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
640
As of: February 20, 2017

Lower East Rates

Lower East Listing Supply

In the last 90 days, 13 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the office spaces in the Lower East are subleases, so you will probably have to focus your search on direct office leases. 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 640 sqft. Most buildings in this market were built in 1989 and are Class A.

Lower East 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 region. Commute by walking is the most popular way to get to work amongst Lower East folk. Commuting between 30 and 45 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 Lower East.
Market Report

Market Data

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