Westchester Sublease


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Westchester Rates

Most listings are in the $20's per square foot per year. The Westchester region is seeing a decline in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 32% decrease in rent.

Westchester Listing Supply

In the last 90 days, 10 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the listings in the Westchester are subleases, so you might be able to find a shorter term or below market rent. 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 1,110 sqft. Most buildings in this region are approximately 5 stories. Most buildings in this market were built in 1973 and are Class A.

Westchester Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Westchester occupants. Commuting approximately 30 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 Westchester.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Westchester.