Prospect Heights Sublease

Prospect Heights

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$73
Median Size (sqft)
12,880
As of: February 21, 2017

Prospect Heights Rates

Most listings are in the $60's per square foot per year. The Prospect Heights submarket is going through a a rise in rates. In the last 3 months, the median rate increased $61 per sqft per year.

Compared to the rest of the New York City market, the Prospect Heights region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Prospect Heights Listing Supply

In the last 90 days, 7 listings have been posted online, which means listings are probably going fast. 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.

Even though the median size is 12,880 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 4 stories. Most buildings in this region were built in 1931.

Prospect Heights 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 walking is the most popular way to get to work amongst Prospect Heights residents. 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 Prospect Heights.
Market Report

Market Data

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