Central Islip Sublease

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Central Islip

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
750
As of: June 25, 2017

Central Islip Rates

The typical asking rate per listing is in the $20's per square foot per year. The Central Islip submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $25 per sqft per year.

Central Islip Listing Supply

In the last 90 days, 5 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the office spaces in the Central Islip 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.

The standard measurement for office space in this area is around 750 sqft. Most buildings in this region are close to 9 floors. Most buildings in this market were built in 2003.

Central Islip Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Central Islip occupants. Commuting close to an hour and a half 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 Central Islip.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Islip.
Research

Central Islip Submarkets