Most listings are in the $40's per square foot per year. The Kew Gardens submarket is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 5% decrease in rent.
Compared to the rest of the New York City market, the Kew Gardens submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 51 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available leases in the Kew Gardens 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.
The standard measurement for office space in this area is around 1,750 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this area were built in 1931 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Kew Gardens folk. Commuting approximately 20 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 Kew Gardens.
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