Maspeth Industrial

Maspeth

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
15,000
As of: May 22, 2017

Maspeth Rates

Most listings are in the $20's per square foot per year. The Maspeth submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 11% increase in rent.

Compared to the rest of the New York City market, the Maspeth region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Maspeth Listing Supply

In the last 90 days, 5 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 20,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this area were built in 1956.

Maspeth Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Maspeth occupants. 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 Maspeth.
Market Report

Market Data

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