The typical asking rate per listing is in the $30's per square foot per year. The Jericho region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 22% decrease in rent.
In the last 90 days, 0 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the available leases in the Jericho 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 available, so finding a space for a small business might be tough.
Even though the median size is 8,530 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this market were built in 1980 and are Class A.