Auburndale Sublease

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Auburndale

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
1,120
As of: July 21, 2017

Auburndale Rates

Most listings are in the $40's per square foot per year. The Auburndale submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $42 per sqft per year.

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

Auburndale Listing Supply

In the last 90 days, 2 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the office spaces in the Auburndale 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,120 sqft. Most properties in this market are close to 2 floors. Most buildings in this region were built in 2008 and are Class A.

Auburndale Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Auburndale folk. Commuting around 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 Auburndale.
Market Report

Market Data

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