Southeastern Queens Industrial

Southeastern Queens

Office Space Market Report

Number of Listings (last 90 days)
358
Median Rate ($/sqft/yr)
$41
Median Size (sqft)
2,400
As of: August 17, 2017

Southeastern Queens Rates

Most listings are in the $40's per square foot per year. The Southeastern Queens submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.

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

Southeastern Queens Listing Supply

In the last 90 days, 35 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 57% of the available leases 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.

The standard measurement for office space in this area is around 2,400 sqft. Most buildings in this area are around 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 folk. Commuting close to 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