Forest Hills Office Space

Forest Hills

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,230
As of: December 3, 2016

Forest Hills Rates

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.

Forest Hills Listing Supply

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.

Forest Hills Community

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