Lower East Office Space

Lower East

Office Space Market Report

Number of Listings (last 90 days)
14
As of: April 28, 2017

Lower East Rates

On average, listings lease in the $0's per square foot per year. The Lower East region is experiencing a decline in rates. In the last 3 months, the median rate decreased $25 per sqft per year. That's a 100% decrease in rent.

Lower East Listing Supply

In the last 90 days, 14 listings have been made available, which means office spaces most likley are 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.

The standard measurement for office space in this area is around  sqft. Most buildings in this market were built in 1989 and are Class A.

Lower East Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Lower East residents. Commuting between 30 and 45 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 Lower East.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lower East.
Research