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: June 26, 2017

Rego Park Rates

The typical asking rate per listing is in the $40's per square foot per year. The Rego Park submarket is going through 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 lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Rego Park Listing Supply

In the last 90 days, 8 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 25% of the listings in the Rego Park are subleases, so you might be able to snag a great spot on a short term. 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 new listings below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built in 1975.

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 area. 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