Flushing Office Space

Flushing

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$95
Median Size (sqft)
1,590
As of: July 19, 2017

Flushing Rates

Most listings are in the $90's per square foot per year. The Flushing submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 4% increase in rent.

Compared to the rest of the New York City market, the Flushing region has greater rates, and you'll need to pay a premium to be in this hot region.

Flushing Listing Supply

In the last 90 days, 9 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the Flushing are subleases, so you might be able to snag a great spot on a short term. 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 1,590 sqft. Most properties in this region are around 3 floors. Most buildings in this area were built in 1988 and are Class A.

Flushing Community

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 market. Commute by walking is the most popular way to get to work amongst Flushing occupants. Commuting approximately an hour 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 Flushing.
Market Report

Market Data

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