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)
45,690
As of: June 25, 2017

North New Hyde Park Rates

The typical asking rate per listing is in the $30's per square foot per year. The North New Hyde Park submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $38 per sqft per year.

North New Hyde Park Listing Supply

In the last 90 days, 2 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the available space in the North New Hyde Park are subleases, so you might be able to snag a great spot on a short term. 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 45,690 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this area 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 market. 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.

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.
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North New Hyde Park Submarkets