Downtown New Rochelle Office Space

Downtown New Rochelle

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,050
As of: December 2, 2016

Downtown New Rochelle Rates

Most listings are in the $20's per square foot per year. The Downtown New Rochelle submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 11% increase in rent.

Downtown New Rochelle Listing Supply

In the last 90 days, 8 listings have come on the market, which means office spaces might be going fast. 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.

The standard measurement for office space in this area is around 1,050 sqft. Most properties in this area are close to 3 floors. Most buildings in this area were built in 1932 and are Class A.

Downtown New Rochelle Community

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 market. Commute by taxi is the most popular way to get to work amongst Downtown New Rochelle residents. Commuting around an hour and a half 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 Downtown New Rochelle.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown New Rochelle.
Research

New Rochelle Submarkets