Homecrest Sublease

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Homecrest

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
1,500
As of: December 10, 2016

Homecrest Rates

The typical asking rate per listing is in the $20's per square foot per year. The Homecrest submarket is going through a a boost in rates. In the last 3 months, the median rate rose $30 per sqft per year.

Compared to the rest of the New York City market, the Homecrest region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Homecrest Listing Supply

In the last 90 days, 2 listings have been posted online, which means new listings 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most properties in this region are around 2 floors. Most buildings in this area were built in 1988 and are Class B.

Homecrest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Homecrest residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Homecrest.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Homecrest.
Research