The typical asking rate per listing is in the $40's per square foot per year. The Lake Success submarket is going through a a rise in rates. In the last 3 months, the median rate rose $42 per sqft per year.
In the last 90 days, 12 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,700 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market were built in 1970 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Lake Success folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.