South Shore Retail

South Shore

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$57
Median Size (sqft)
1,500
As of: May 18, 2017

South Shore Rates

Most listings are in the $50's per square foot per year. The South Shore region is going through a a boost in rates. In the last 3 months, the median rate increased $57 per sqft per year.

Compared to the rest of the New York City market, the South Shore submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

South Shore Listing Supply

In the last 90 days, 0 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About NaN% of the office spaces in the South Shore 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 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 1,500 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this region were built in 1972 and are Class A.

South Shore Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst South Shore folk. Commuting more than an hour and a half 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 South Shore.
Market Report

Market Data

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