Downtown Flushing Retail

Downtown Flushing

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$91
Median Size (sqft)
1,590
As of: June 25, 2017

Downtown Flushing Rates

On average, listings lease in the $90's per square foot per year. The Downtown Flushing region is seeing a a rise in rates. In the last 3 months, the median rate went up $91 per sqft per year.

Compared to the rest of the New York City market, the Downtown Flushing region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Downtown Flushing Listing Supply

In the last 90 days, 4 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 175% of the listings in the Downtown Flushing are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,590 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this market were built in 2002 and are Class A.

Downtown Flushing Community

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 motorcycle is the most popular way to get to work amongst Downtown Flushing residents. Commuting between 30 and 45 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 Downtown Flushing.
Market Report

Market Data

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