Albemarle and Kenmore Terraces Office Space

Albemarle and Kenmore Terraces

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
2,500
As of: March 11, 2017

Albemarle and Kenmore Terraces Rates

On average, listings lease in the $40's per square foot per year. The Albemarle and Kenmore Terraces submarket is going through a a rise in rates. In the last 3 months, the median rate increased $46 per sqft per year.

Compared to the rest of the New York City market, the Albemarle and Kenmore Terraces submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Albemarle and Kenmore Terraces Listing Supply

In the last 90 days, 3 listings have been posted online, which means listings most likley are 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most properties in this region are approximately 3 stories. Most buildings in this area were built in 1931.

Albemarle and Kenmore Terraces Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Albemarle and Kenmore Terraces occupants. 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 Albemarle and Kenmore Terraces.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Albemarle and Kenmore Terraces.
Research