College Point Retail

College Point

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
6,160
As of: December 5, 2016

College Point Rates

The typical asking rate per listing is in the $20's per square foot per year. The College Point region is going through a an increase in rates. In the last 3 months, the median rate went up $24 per sqft per year. That's a Inf% increase in rent.

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

College Point Listing Supply

In the last 90 days, 6 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 17% of the office spaces in the College Point 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 available, so finding a space for a small business might be tough.

Even though the median size is 6,160 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this area were built in 1961 and are Class B.

College Point Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by car is the most popular way to get to work amongst College Point folk. Commuting approximately an hour 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 College Point.
Market Report

Market Data

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