North New Hyde Park Retail

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North New Hyde Park

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
16,250
As of: July 23, 2017

North New Hyde Park Rates

On average, listings lease in the $30's per square foot per year. The North New Hyde Park region is experiencing a a rise in rates. In the last 3 months, the median rate rose $38 per sqft per year.

North New Hyde Park Listing Supply

In the last 90 days, 2 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 250% of the available space in the North New Hyde Park 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.

Even though the median size is 16,250 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this region 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 region. Most of the occupants 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.

Market Report

Trends and status of the commercial real estate market in North New Hyde Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in North New Hyde Park.
Research

North New Hyde Park Submarkets