East Shore Office Space

East Shore

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$79
Median Size (sqft)
15,000
As of: December 7, 2016

East Shore Rates

The typical asking rate per listing is in the $70's per square foot per year. The East Shore region is seeing a a boost in rates. In the last 3 months, the median rate rose $79 per sqft per year.

Compared to the rest of the New York City market, the East Shore region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

East Shore Listing Supply

In the last 90 days, 7 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 15,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region were built in 1952 and are Class A.

East Shore Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Most of the occupants of East Shore work from home. Commuting between 30 and 45 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 East Shore.
Market Report

Market Data

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