Locust Valley Office Space

Locust Valley

Office Space Market Report

Number of Listings (last 90 days)
As of: October 22, 2016

Locust Valley Rates

Most listings are in the $0's per square foot per year. The Locust Valley submarket is going through a decline in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 100% decline in rent.

Locust Valley Listing Supply

In the last 90 days, 0 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available leases in the Locust Valley 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 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 area were built in 1986.

Locust Valley 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 region. Commute by walking is the most popular way to get to work amongst Locust Valley folk. Commuting approximately 20 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 Locust Valley.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Locust Valley.