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.
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.
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.