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: June 23, 2017

Northeastern Queens Rates

On average, listings lease in the $70's per square foot per year. The Northeastern Queens submarket is going through a a boost in rates. In the last 3 months, the median rate increased $78 per sqft per year.

Compared to the rest of the New York City market, the Northeastern Queens region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Northeastern Queens Listing Supply

In the last 90 days, 34 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 85% of the available leases in the Northeastern Queens are subleases, so you might be able to find a shorter term or below market rent. 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 3,700 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1968 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 occupants. Commuting around 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