On average, listings lease in the $30's per square foot per year. The Southeastern Queens submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the New York City market, the Southeastern Queens submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 35 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,700 sqft. Most properties in this region are around 2 floors. Most buildings in this region were built in 1945 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Southeastern Queens residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.