On average, listings lease in the $30's per square foot per year. The Rochdale submarket is going through a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 5% rise in rent.
Compared to the rest of the New York City market, the Rochdale submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 0 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available leases in the Rochdale are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,200 sqft. Most buildings in this area are around 1 floors. Most buildings in this area were built in 1991 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Rochdale occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.