Rego Park Office Space

Rego Park

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
2,700
As of: August 17, 2017

Rego Park Rates

Most listings are in the $40's per square foot per year. The Rego Park region is seeing a a boost in rates. In the last 3 months, the median rate rose $48 per sqft per year.

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

Rego Park Listing Supply

In the last 90 days, 8 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 25% of the office spaces in the Rego Park 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,700 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this region were built in 1964 and are Class A.

Rego Park Community

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

Market Data

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