Compared to the rest of the New York City market, the West Bronx region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 25 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 136% of the listings in the West Bronx 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,500 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1931 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst West Bronx residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.