On average, listings lease in the $30's per square foot per year. The East Garden City region is experiencing a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 11% increase in rent.
In the last 90 days, 18 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the available leases in the East Garden City are subleases, so you will probably have to focus your search on direct office leases. 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 6,850 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 6 stories. Most buildings in this market were built in 1980 and are Class A.
This market is fairly equally mixed residential and commercial. Waste services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst East Garden City folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.