About |
Offices |
People |
News |
Contact |
REALTrac™ |
Market Research

Properties
 


Westchester, New York

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Market Research provided by NAI Friedland
Last Updated: 22-Oct-2010		 Market Overview
Print This Page
Market Research

* Click on each category for a detailed definition.
Low High Effective Avg. Vacancy Investment Yield
Downtown Office
New Construction (AAA) N/A N/A N/A N/A N/A
Class A (Prime) $ 28.00 $ 36.00 $ 32.34 14.1% N/A
Class B (Secondary) $ 19.00 $ 25.00 $ 24.03 8.2% N/A
 
Suburban Office
New Construction (AAA) N/A N/A N/A N/A N/A
Class A (Prime) $ 25.00 $ 33.00 $ 32.34 14.0% N/A
Class B (Secondary) $ 18.00 $ 25.00 $ 24.20 10.8% N/A
 
Industrial
Bulk Warehouse $ 9.00 $ 14.00 $ 8.00 10.7% N/A
Manufacturing $ 9.00 $ 12.00 $ 8.00 10.7% N/A
High Tech / R&D $ 15.00 $ 27.00 $ 11.30 15.0% N/A
 
Retail
Downtown $ 30.00 $ 75.00 $ 49.88 15.0% N/A
Neigborhood Service Centers $ 35.00 $ 40.00 $ 35.63 15.0% N/A
Community Power Center $ 35.00 $ 45.00 $ 38.00 10.0% N/A
Regional Malls $ 75.00 $ 90.00 $ 78.38 10.0% N/A

Development Land Low () High ()
Office in CBD N/A N/A
Land in Office Parks N/A N/A
Land in Industrial Parks N/A N/A
Office/Industrial Land - Non-park N/A N/A
Retail/Commercial Land N/A N/A
Residential N/A N/A

Footnote: Retail rents are triple net. Westchester County is the highest taxed county in the nation. Add-ons can be as much as $15 / sf
 

Home | Contact Us | Privacy Policy | Site Admin Build on the power of our network™ 1 609 945 4000
NAI Global® is not affiliated with the Appraisal Institute®, or its MAI designation.