Northwestern Queens Industrial

Northwestern Queens

Office Space Market Report

Number of Listings (last 90 days)
105
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
10,000
As of: July 27, 2017

Northwestern Queens Rates

On average, listings lease in the $40's per square foot per year. The Northwestern Queens submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 12% rise in rent.

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

Northwestern Queens Listing Supply

In the last 90 days, 105 listings have been posted online, so you'll want to check back regularly for new listings. About 115% of the available leases in the Northwestern 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.

Even though the median size is 10,660 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1940 and are Class A.

Northwestern Queens Community

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 area. Commute by motorcycle is the most popular way to get to work amongst Northwestern Queens occupants. Commuting approximately 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 Northwestern Queens.
Market Report

Market Data

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