Most listings are in the $60's per square foot per year. The Oaksterdam submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 23% increase in rent.
In the last 90 days, 26 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 15% of the available space in the Oaksterdam 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.
Even though the median size is 3,900 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 4 floors. Most buildings in this area were built in 1926 and are Class B.
This region is fairly equally mixed residential and commercial. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Oaksterdam residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.