On average, listings lease in the $30's per square foot per year. The East Garden City submarket is going through a decrease in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 13% decline in rent.
In the last 90 days, 18 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 6% of the office spaces in the East Garden City are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 8,230 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this market were built in 1980 and are Class A.
This region is fairly equally mixed residential and commercial. Waste services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst East Garden City folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.