Southeastern Queens Industrial

Southeastern Queens

Office Space Market Report

Number of Listings (last 90 days)
35
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
30,000
As of: June 29, 2017

Southeastern Queens Rates

The typical asking rate per listing is in the $40's per square foot per year. The Southeastern Queens region is experiencing a a rise in rates. In the last 3 months, the median rate went up $42 per sqft per year.

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

Southeastern Queens Listing Supply

In the last 90 days, 35 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 17% of the office spaces in the Southeastern Queens 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 available, so finding a space for a small business might be tough.

Even though the median size is 30,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1945 and are Class B.

Southeastern Queens Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Southeastern Queens occupants. Commuting approximately 15 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 Southeastern Queens.
Market Report

Market Data

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