Most listings are in the $20's per square foot per year. The East Farmingdale region is seeing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 11% increase in rent.
In the last 90 days, 6 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the available leases in the East Farmingdale are subleases, so you might be able to find a shorter term or below market rent. 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 6,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 1 stories. Most buildings in this area were built in 1963 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst East Farmingdale occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.