Compared to the rest of the New York City market, the Long Island City region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 50 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available leases in the Long Island City are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 5,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1931 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Long Island City occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.