Turtle Bay Office Space

Turtle Bay

Office Space Market Report

Number of Listings (last 90 days)
103
Median Rate ($/sqft/yr)
$125
Median Size (sqft)
3,770
As of: February 21, 2017

Turtle Bay Rates

The typical asking rate per listing is in the $120's per square foot per year. The Turtle Bay submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $44 per sqft per year. That's a 53% rise in rent.

Compared to the rest of the New York City market, the Turtle Bay region has greater rates, and you'll need to make a great offer to be in this hot region.

Turtle Bay Listing Supply

In the last 90 days, 104 listings have been posted online, so you'll want to check back regularly for new listings. About 13% of the listings in the Turtle Bay 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 3,770 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 21 stories. Most buildings in this market were built in 1952 and are Class A.

Turtle Bay Community

This market is fairly equally mixed residential and commercial. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Turtle Bay folk. Commuting around 30 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 Turtle Bay.
Market Report

Market Data

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