On average, listings lease in the $40's per square foot per year. The Glendale region is experiencing a a rise in rates. In the last 3 months, the median rate increased $44 per sqft per year.
Compared to the rest of the New York City market, the Glendale region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 1 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 500% of the available space in the Glendale 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 9,100 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this market 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 area. Commute by walking is the most popular way to get to work amongst Glendale occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.