Lower East Sublease

Lower East

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
5,700
As of: August 20, 2017

Lower East Rates

Lower East Listing Supply

In the last 90 days, 14 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 21% of the available leases in the Lower East 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 5,700 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1989 and are Class A.

Lower East Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Lower East residents. Commuting between 30 and 45 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 Lower East.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lower East.
Research