The typical asking rate per listing is in the $0's per square foot per year. The Jamaica submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $32 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 13 listings have been listed, which means new 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 40,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1936 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Most of the residents of Jamaica work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.