East Farmingdale Retail

East Farmingdale

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
9,500
As of: February 27, 2017

East Farmingdale Rates

Most listings are in the $10's per square foot per year. The East Farmingdale region is going through a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 29% decline in rent.

East Farmingdale Listing Supply

In the last 90 days, 10 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. About 20% of the office spaces in the East Farmingdale 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 9,500 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this region were built in 1985 and are Class A.

East Farmingdale Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst East Farmingdale occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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

East Farmingdale Submarkets