West Bronx Industrial

West Bronx

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
1,260
As of: August 21, 2017

West Bronx Rates

Most listings are in the $40's per square foot per year. The West Bronx region is going through a a rise in rates. In the last 3 months, the median rate rose $10 per sqft per year. That's a 30% rise in rent.

Compared to the rest of the New York City market, the West Bronx submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

West Bronx Listing Supply

In the last 90 days, 25 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 104% of the available space in the West Bronx 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 3,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1931 and are Class A.

West Bronx Community

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 motorcycle is the most popular way to get to work amongst West Bronx occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in West Bronx.
Market Report

Market Data

Real time and historical data on commercial real estate listings in West Bronx.
Research