Most listings are in the $0's per square foot per year. The Elmwood Park region is experiencing a decline in rates. In the last 3 months, the median rate decreased $20 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 5 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 1973 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Elmwood Park residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.