Jericho Retail

Jericho

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
2,720
As of: June 29, 2017

Jericho Rates

On average, listings lease in the $40's per square foot per year. The Jericho submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $42 per sqft per year.

Jericho Listing Supply

In the last 90 days, 0 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the Jericho 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,720 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this region were built in 1980 and are Class A.

Jericho Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Jericho residents. Commuting close to an hour and a half 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 Jericho.
Market Report

Market Data

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