Smithtown Office Space


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Smithtown Rates

Most listings are in the $20's per square foot per year. The Smithtown submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 18% decrease in rent.

Smithtown Listing Supply

In the last 90 days, 2 listings have come on the market, which means listings most likley are leasing quickly. 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.

The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1987 and are Class B.

Smithtown 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 public transit is the most popular way to get to work amongst Smithtown folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Smithtown Submarkets