The typical asking rate per listing is in the $20's per square foot per year. The Southwestern Queens submarket is seeing a decline in rates. In the last 3 months, the median rate fell $17 per sqft per year. That's a 37% decrease in rent.
Compared to the rest of the New York City market, the Southwestern Queens region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 2 listings have come on the market, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,530 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1931.
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 taxi is the most popular way to get to work amongst Southwestern Queens folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.