Compared to the rest of the New York City market, the Jackson Heights region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 4 listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. 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 5,050 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this area were built in 1932 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 bike is the most popular way to get to work amongst Jackson Heights folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.