Lynbrook Retail

Lynbrook

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
5,000
As of: June 29, 2017

Lynbrook Rates

On average, listings lease in the $30's per square foot per year. The Lynbrook region is seeing a an increase in rates. In the last 3 months, the median rate rose $40 per sqft per year.

Lynbrook Listing Supply

In the last 90 days, 1 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 200% of the available leases in the Lynbrook 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 5,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 4 stories. Most buildings in this area were built in 1945 and are Class A.

Lynbrook Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Lynbrook residents. Commuting approximately 15 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 Lynbrook.
Market Report

Market Data

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

Lynbrook Submarkets