The typical asking rate per listing is in the $10's per square foot per year. The East Farmingdale submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 29% decrease in rent.
In the last 90 days, 14 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 21% of the available leases in the East Farmingdale are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 8,020 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 1 stories. Most buildings in this market were built in 1985 and are Class B.