The typical asking rate per listing is in the $40's per square foot per year. The Jericho submarket is going through a a boost in rates. In the last 3 months, the median rate increased $42 per sqft per year.
In the last 90 days, 0 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About Inf% of the available leases in the Jericho are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,720 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 3 floors. Most buildings in this market were built in 1980 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Jericho residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.