Lynbrook Office Market Trends

Office Rental Market

  • $28.26 2019 Avg. Asking Rent
  • 12.23 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Lynbrook was $28.26 per square foot, and the office vacancy rate across the market averaged 12.23 %. During 2019, developers added 0 square feet of new office space to the Lynbrook market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Lynbrook Class B Office Buildings$29.39
  • NY Class A Office Buildings$71.98
  • NY Class B Office Buildings$36.81
  • NY Class C Office Buildings$24.83

Lynbrook, NY Office Asking Rents by Class

OFFICE CONSTRUCTION IN Lynbrook, NY

  • Lynbrook, NY Total Sqft completed in 2019 0
  • Lynbrook, NY Total Sqft under construction in 2020 0
10 Largest Office Buildings in Lynbrook
Building name Address Total Sqft Year built
444 Merrick Road 444 Merrick Road, 11563 138,246 1962
303 Merrick Road 303 Merrick Road, 11563 80,000 1975
381 Sunrise Hwy 381 Sunrise Hwy, 11563 58,469 1934
170 Earle Avenue 170 Earle Avenue, 11563 36,165 1982
300 Merrick Road 300 Merrick Road, 11563 34,000 1975
266 Merrick Road 266 Merrick Road, 11563 32,589 1987
360 Merrick Road 360 Merrick Road, 11563 26,326 1971
13 Hendrickson Ave 13 Hendrickson Ave, 11563 3,712 1950
300 Merrick Road 300 Merrick Road, 11563 34,000 1975
Largest Office Properties Recently Completed in Lynbrook
Office building Address Sqft Completed
266 Merrick Road 266 Merrick Road, 11563 32,589 1987
170 Earle Avenue 170 Earle Avenue, 11563 36,165 1982
303 Merrick Road 303 Merrick Road, 11563 80,000 1975
300 Merrick Road 300 Merrick Road, 11563 34,000 1975
360 Merrick Road 360 Merrick Road, 11563 26,326 1971
444 Merrick Road 444 Merrick Road, 11563 138,246 1962
381 Sunrise Hwy 381 Sunrise Hwy, 11563 58,469 1934
Data provided by Commercial Edge

Office Spaces for Rent in New York

See trends for nearby markets

The Lynbrook office market contains an inventory of 405,795 square feet of office space, in 7 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Lynbrook commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.