On average, listings lease in the $40's per square foot per year. The East Garden City submarket is going through a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 14% rise in rent.
In the last 90 days, 10 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 10% of the office spaces in the East Garden City are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 9,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 6 floors. Most buildings in this market were built in 1980 and are Class A.
This region 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 folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.