Forest Hills Office Space

Forest Hills

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,710
As of: June 22, 2017

Forest Hills Rates

Most listings are in the $10's per square foot per year. The Forest Hills region is going through a a rise in rates. In the last 3 months, the median rate increased $19 per sqft per year.

Forest Hills Listing Supply

In the last 90 days, 2 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 300% of the listings in the Forest Hills 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 2,600 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1940 and are Class B.

Forest Hills Community

A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Forest Hills occupants. Commuting between 30 and 45 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 Forest Hills.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Forest Hills.
Research

Forest Hills Submarkets