Northeastern Queens Office Space

Northeastern Queens

Office Space Market Report

Number of Listings (last 90 days)
34
Median Rate ($/sqft/yr)
$78
Median Size (sqft)
2,150
As of: May 22, 2017

Northeastern Queens Rates

On average, listings lease in the $80's per square foot per year. The Northeastern Queens region is seeing a an increase in rates. In the last 3 months, the median rate rose $30 per sqft per year. That's a 57% rise in rent.

Compared to the rest of the New York City market, the Northeastern Queens region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Northeastern Queens Listing Supply

In the last 90 days, 34 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,150 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1965 and are Class A.

Northeastern Queens Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Northeastern Queens residents. Commuting approximately 10 minutes 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 Northeastern Queens.
Market Report

Market Data

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