Most listings are in the $50's per square foot per year. The Maspeth submarket is going through a a rise in rates. In the last 3 months, the median rate rose $26 per sqft per year. That's a 100% rise in rent.
Compared to the rest of the New York City market, the Maspeth submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 87 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the listings in the Maspeth 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 posted, so finding a space for a small business might be tough.
Even though the median size is 11,120 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this area were built in 1956.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Maspeth folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Maspeth.
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