Most listings are in the $50's per square foot per year. The College Point region is going through a an increase in rates. In the last 3 months, the median rate went up $29 per sqft per year. That's a 122% rise in rent.
Compared to the rest of the New York City market, the College Point submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 13 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,620 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this area were built in 1961 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by car is the most popular way to get to work amongst College Point residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.