Northeastern Queens Industrial

Northeastern Queens

Office Space Market Report

Number of Listings (last 90 days)
34
Median Rate ($/sqft/yr)
$78
Median Size (sqft)
1,830
As of: June 28, 2017

Northeastern Queens Rates

Most listings are in the $70's per square foot per year. The Northeastern Queens submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $78 per sqft per year.

Compared to the rest of the New York City market, the Northeastern Queens region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Northeastern Queens Listing Supply

In the last 90 days, 34 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 76% of the listings in the Northeastern Queens are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,150 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1968 and are Class A.

Northeastern Queens Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Northeastern Queens residents. Commuting around 10 minutes 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 Northeastern Queens.
Market Report

Market Data

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