The typical asking rate per listing is in the $40's per square foot per year. The Lake Success submarket is going through a a rise in rates. In the last 3 months, the median rate rose $42 per sqft per year.
In the last 90 days, 12 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,700 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built in 1970 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Lake Success occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.