On average, listings lease in the $50's per square foot per year. The Oaksterdam submarket is going through a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 8% increase in rent.
In the last 90 days, 23 listings have been made available, which means listings are probably 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 2,490 sqft. Most properties in this market are around 4 stories. Most buildings in this region were built in 1926 and are Class B.
This market is fairly equally mixed residential and commercial. Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Oaksterdam folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.