Melville Retail

Melville

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
5,040
As of: December 9, 2016

Melville Rates

Melville Listing Supply

In the last 90 days, 30 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 10% of the listings in the Melville are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 5,040 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this market were built in 1979 and are Class A.

Melville Community

A large portion of this area is residential, but there's plenty of office_space. Education is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Melville folk. 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 Melville.
Market Report

Market Data

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

Melville Submarkets