Smithtown Office Space

Smithtown

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
3,770
As of: August 19, 2017

Smithtown Rates

Most listings are in the $20's per square foot per year. The Smithtown region is experiencing a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 16% rise in rent.

Smithtown Listing Supply

In the last 90 days, 4 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 75% of the available space in the Smithtown are subleases, so you might be able to find a shorter term or below market rent. 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 3,770 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market 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