Most listings are in the $0's per square foot per year. The Hempstead region is going through a decrease 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 come on the market, which means office spaces 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 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 office spaces below 2,000 sqft. Most buildings in this area are close to 4 floors. Most buildings in this market were built in 1960 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Hempstead folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.