North Slope Sublease

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North Slope

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$58
Median Size (sqft)
660
As of: August 20, 2017

North Slope Rates

Compared to the rest of the New York City market, the North Slope submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

North Slope Listing Supply

In the last 90 days, 5 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 40% of the office spaces in the North Slope 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 660 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this region were built in 1920 and are Class C.

North Slope Community

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 area. Commute by taxi is the most popular way to get to work amongst North Slope occupants. Commuting between 20 and 25 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 North Slope.
Market Report

Market Data

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