Forest Hills Industrial

We couldn't find any industrial spaces for Lease and Sublease

Forest Hills

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
16,420
As of: June 23, 2017

Forest Hills Rates

The typical asking rate per listing is in the $50's per square foot per year. The Forest Hills region is going through a a boost in rates. In the last 3 months, the median rate increased $50 per sqft per year.

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

Forest Hills Listing Supply

In the last 90 days, 5 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 120% of the available leases in the Forest Hills are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 16,420 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 3 stories. Most buildings in this area were built in 1948 and are Class B.

Forest Hills Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Forest Hills residents. Commuting more than an hour and a half 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 Forest Hills.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Forest Hills.
Research