Bayside Retail

Bayside

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$70
Median Size (sqft)
2,150
As of: June 23, 2017

Bayside Rates

Most listings are in the $60's per square foot per year. The Bayside region is experiencing a a boost in rates. In the last 3 months, the median rate went up $70 per sqft per year.

Compared to the rest of the New York City market, the Bayside submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Bayside Listing Supply

In the last 90 days, 7 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 57% of the available space in the Bayside 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,150 sqft. Most buildings in this market are close to 3 floors. Most buildings in this region were built in 1987 and are Class A.

Bayside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Bayside 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 Bayside.
Market Report

Market Data

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