South Shore Sublease

South Shore

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$57
Median Size (sqft)
1,500
As of: May 27, 2017

South Shore Rates

The typical asking rate per listing is in the $50's per square foot per year. The South Shore submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $57 per sqft per year.

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

South Shore Listing Supply

In the last 90 days, 0 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About NaN% of the listings in the South Shore are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,500 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1972 and are Class A.

South Shore Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst South Shore residents. Commuting more than an hour and a half 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 South Shore.
Market Report

Market Data

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