Downtown Flushing Office Space

Downtown Flushing

Market Report

Number of Listings
Posted in the last 90 days
7
Median Rate ($/sqft/yr)
$83
Median Size (sqft)
2,000

Downtown Flushing Rates

Most listings are in the $80's per square foot per year. The Downtown Flushing region is going through a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 6% rise in rent.

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

Downtown Flushing Listing Supply

In the last 90 days, 140 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Downtown Flushing are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, 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 properties in this region are approximately 3 floors. Most buildings in this region were built in 2002 and are Class A.

Downtown Flushing Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Downtown Flushing occupants. Commuting between 30 and 45 minutes 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 Downtown Flushing.
Research