Compared to the rest of the New York City market, the Rego Park submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 8 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the office spaces in the Rego Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1964 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Rego Park residents. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.