The typical asking rate per listing is in the $30's per square foot per year. The Southeastern Queens region is experiencing a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 12% increase in rent.
Compared to the rest of the New York City market, the Southeastern Queens region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 358 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the available space in the Southeastern Queens are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,530 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 1946 and are Class B.
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 area. Commute by car is the most popular way to get to work amongst Southeastern Queens occupants. Commuting close to 15 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 Southeastern Queens.
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