On average, listings lease in the $40's per square foot per year. The Northwest Yonkers submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $50 per sqft per year.
In the last 90 days, 4 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the Northwest Yonkers are subleases, so you might be able to find a shorter term or below market rent. 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 1,690 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1987 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Northwest Yonkers residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.