Smithtown Office Space

Smithtown

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
800
As of: June 25, 2017

Smithtown Rates

On average, listings lease in the $20's per square foot per year. The Smithtown region is experiencing a an increase in rates. In the last 3 months, the median rate went up $25 per sqft per year.

Smithtown Listing Supply

In the last 90 days, 4 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 175% of the listings in the Smithtown are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 800 sqft. Most buildings in this region are around 2 floors. Most buildings in this region were built in 1987 and are Class B.

Smithtown Community

Market Report

Trends and status of the commercial real estate market in Smithtown.
Market Report

Market Data

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

Smithtown Submarkets