Most listings are in the $30's per square foot per year. The East Garden City region is experiencing a decline in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 21% decrease in rent.
In the last 90 days, 13 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the available leases in the East Garden City are subleases, so you will probably have to focus your search on direct office leases. 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 13,930 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 6 floors. Most buildings in this market were built in 1980 and are Class A.
This market is fairly equally mixed residential and commercial. Waste services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst East Garden City residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.