Compared to the rest of the New York City market, the Glendale submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 9,100 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 3 floors. Most buildings in this region were built in 1920 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 region. Commute by walking is the most popular way to get to work amongst Glendale folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.