Homecrest Office Space

Homecrest

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
1,500
As of: December 8, 2016

Homecrest Rates

The typical asking rate per listing is in the $20's per square foot per year. The Homecrest region is experiencing a a boost in rates. In the last 3 months, the median rate went up $30 per sqft per year.

Compared to the rest of the New York City market, the Homecrest region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Homecrest Listing Supply

In the last 90 days, 2 listings have been made available, which means leases are probably 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built in 1988 and are Class B.

Homecrest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Homecrest occupants. Commuting close to 15 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 Homecrest.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Homecrest.
Research