The typical asking rate per listing is in the $30's per square foot per year. The Homecrest region is going through a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 25% increase in rent.
Compared to the rest of the New York City market, the Homecrest region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 5 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,700 sqft. Most buildings in this market are close to 2 stories. Most buildings in this market were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Homecrest residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.