Rose Hill Office Space

Rose Hill

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$62
Median Size (sqft)
3,620
As of: December 2, 2016

Rose Hill Rates

Most listings are in the $60's per square foot per year. The Rose Hill region is going through a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 12% decrease in rent.

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

Rose Hill Listing Supply

In the last 90 days, 26 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 19% of the listings in the Rose Hill are subleases, so you might be able to snag a great spot on a short term. 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 3,620 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 9 stories. Most buildings in this market were built in 1920 and are Class B.

Rose Hill 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 region. Commute by bike is the most popular way to get to work amongst Rose Hill residents. Commuting around an hour 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 Rose Hill.
Market Report

Market Data

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