Most listings are in the $20's per square foot per year. The Coram submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 36% rise in rent.
In the last 90 days, 5 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 10,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 1 floors. Most buildings in this market were built in 1977 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Coram residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.