West Bronx Office Space

West Bronx

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
3,500
As of: June 23, 2017

West Bronx Rates

On average, listings lease in the $30's per square foot per year. The West Bronx submarket is going through a a rise in rates. In the last 3 months, the median rate went up $33 per sqft per year.

Compared to the rest of the New York City market, the West Bronx submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

West Bronx Listing Supply

In the last 90 days, 25 listings have been posted online, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 116% of the office spaces in the West Bronx 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 3,500 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market were built in 1931 and are Class A.

West Bronx Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst West Bronx folk. Commuting close to 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 West Bronx.
Market Report

Market Data

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