Forest Hills Office Space

Forest Hills

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$58
Median Size (sqft)
1,680
As of: December 4, 2016

Forest Hills Rates

Compared to the rest of the New York City market, the Forest Hills region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Forest Hills Listing Supply

In the last 90 days, 12 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 8% of the listings in the Forest Hills are subleases, so you will probably have to consider a longer term lease. 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 1,680 sqft. Most properties in this area are approximately 3 stories. Most buildings in this region were built in 1950 and are Class B.

Forest Hills Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Forest Hills folk. Commuting more than an hour and a half 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