On average, listings lease in the $30's per square foot per year. The Forest Hills region is going through a a rise in rates. In the last 3 months, the median rate increased $17 per sqft per year. That's a 86% increase in rent.
In the last 90 days, 24 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 200 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1940 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Forest Hills occupants. Commuting between 30 and 45 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 Forest Hills.
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