Hempstead Retail

Hempstead

Office Space Market Report

Number of Listings (last 90 days)
2
Median Size (sqft)
15,000
As of: March 12, 2017

Hempstead Rates

On average, listings lease in the $0's per square foot per year. The Hempstead submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $36 per sqft per year. That's a 100% decrease in rent.

Hempstead Listing Supply

In the last 90 days, 2 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 15,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 4 floors. Most buildings in this area were built in 1960 and are Class B.

Hempstead Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Hempstead occupants. Commuting between 30 and 45 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 Hempstead.
Market Report

Market Data

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

Hempstead Submarkets