Rockaway Peninsula Office Space

Rockaway Peninsula

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
4,000
As of: March 12, 2017

Rockaway Peninsula Rates

On average, listings lease in the $30's per square foot per year. The Rockaway Peninsula submarket is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 6% decrease in rent.

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

Rockaway Peninsula Listing Supply

In the last 90 days, 1 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1967 and are Class A.

Rockaway Peninsula Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Rockaway Peninsula folk. Commuting approximately 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 Rockaway Peninsula.
Market Report

Market Data

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