On average, listings lease in the $10's per square foot per year. The Forest Hills submarket is seeing 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.
In the last 90 days, 7 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 29% of the office spaces in the Forest Hills are subleases, so you might be able to find a shorter term or below market rent. 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 1,230 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1984 and are Class A.