North New Hyde Park Retail

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North New Hyde Park

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

North New Hyde Park Rates

Most listings are in the $40's per square foot per year. The North New Hyde Park submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 16% rise in rent.

North New Hyde Park Listing Supply

In the last 90 days, 19 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,530 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this market were built in 1981 and are Class B.

North New Hyde Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Most of the folk of North New Hyde Park work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

North New Hyde Park Submarkets