Auburndale Retail

Auburndale

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
1,120
As of: June 22, 2017

Auburndale Rates

Most listings are in the $40's per square foot per year. The Auburndale submarket is going through a a rise in rates. In the last 3 months, the median rate went up $42 per sqft per year.

Compared to the rest of the New York City market, the Auburndale submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Auburndale Listing Supply

In the last 90 days, 2 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the Auburndale are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,120 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 2008 and are Class A.

Auburndale Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Auburndale residents. Commuting close to 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 Auburndale.
Market Report

Market Data

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