Flushing Industrial

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Flushing

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$83
Median Size (sqft)
2,000

Flushing Rates

On average, listings lease in the $80's per square foot per year. The Flushing submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 6% rise in rent.

Compared to the rest of the New York City market, the Flushing submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Flushing Listing Supply

In the last 90 days, 278 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available leases in the Flushing are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,000 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this region were built in 1988 and are Class A.

Flushing 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 region. Commute by walking is the most popular way to get to work amongst Flushing residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.

Market Data

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