On average, listings lease in the $60's per square foot per year. The Oaksterdam region is seeing a an increase in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 23% increase in rent.
In the last 90 days, 26 listings have been listed, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 15% of the available leases in the Oaksterdam 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,900 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 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 occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.