Maspeth Office Space

Maspeth

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
25,600
As of: December 9, 2016

Maspeth Rates

The typical asking rate per listing is in the $20's per square foot per year. The Maspeth submarket is going through a decline in rates. In the last 3 months, the median rate fell $20 per sqft per year. That's a 45% decline in rent.

Compared to the rest of the New York City market, the Maspeth submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Maspeth Listing Supply

In the last 90 days, 6 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 25,600 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this area were built in 1930.

Maspeth Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Maspeth occupants. 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 Maspeth.
Market Report

Market Data

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