Rockaway Peninsula Industrial

Rockaway Peninsula

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
3,750
As of: December 4, 2016

Rockaway Peninsula Rates

On average, listings lease in the $30's per square foot per year. The Rockaway Peninsula region is going through a an increase in rates. In the last 3 months, the median rate rose $34 per sqft per year. That's a Inf% increase in rent.

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

Rockaway Peninsula Listing Supply

In the last 90 days, 4 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,750 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1967 and are Class A.

Rockaway Peninsula Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Rockaway Peninsula occupants. Commuting close to 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 Rockaway Peninsula.
Market Report

Market Data

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