Springfield Gardens Retail

Springfield Gardens

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
940
As of: August 17, 2017

Springfield Gardens Rates

Compared to the rest of the New York City market, the Springfield Gardens region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Springfield Gardens Listing Supply

In the last 90 days, 16 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 6% of the office spaces in the Springfield Gardens are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 940 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 1969 and are Class C.

Springfield Gardens Community

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

Market Data

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