The typical asking rate per listing is in the $0's per square foot per year. The Hempstead submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $36 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 2 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 15,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 4 stories. Most buildings in this region were built in 1960 and are Class B.