The typical asking rate per listing is in the $50's per square foot per year. The Northeastern Queens submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 8% increase in rent.
Compared to the rest of the New York City market, the Northeastern Queens region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 581 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Northeastern Queens are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,800 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built in 1968 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Northeastern Queens occupants. Commuting close to 10 minutes 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 Northeastern Queens.
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