College Point Industrial

College Point

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
5,530
As of: February 19, 2017

College Point Rates

On average, listings lease in the $50's per square foot per year. The College Point submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $29 per sqft per year. That's a 122% increase in rent.

Compared to the rest of the New York City market, the College Point region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

College Point Listing Supply

In the last 90 days, 5 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 5,530 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this region were built in 1961 and are Class A.

College Point Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by car is the most popular way to get to work amongst College Point residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in College Point.
Market Report

Market Data

Real time and historical data on commercial real estate listings in College Point.
Research