The typical asking rate per listing is in the $30's per square foot per year. The Masten region is going through a a rise in rates. In the last 3 months, the median rate went up $34 per sqft per year.
Compared to the rest of the Buffalo market, the Masten submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 133% of the available leases in the Masten are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,140 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this region were built in 1945 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Masten folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.