Astoria Retail

Astoria

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
3,000
As of: December 10, 2016

Astoria Rates

Most listings are in the $60's per square foot per year. The Astoria submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $15 per sqft per year. That's a 31% increase in rent.

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

Astoria Listing Supply

In the last 90 days, 25 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1938 and are Class A.

Astoria Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Astoria residents. Commuting around 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 Astoria.
Market Report

Market Data

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