Lower East Side Sublease

Lower East Side

Office Space Market Report

Number of Listings (last 90 days)
3
Median Size (sqft)
850
As of: August 17, 2017

Lower East Side Rates

Lower East Side Listing Supply

In the last 90 days, 3 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 167% of the available space in the Lower East Side are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 850 sqft. Most buildings in this market are around 5 stories. Most buildings in this area were built in 1920.

Lower East Side Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the occupants of Lower East Side work from home. Commuting approximately 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 Lower East Side.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lower East Side.
Research