Downtown Flushing Retail

Downtown Flushing

Office Space Market Report

Number of Listings (last 90 days)
140
Median Rate ($/sqft/yr)
$78
Median Size (sqft)
1,830
As of: August 17, 2017

Downtown Flushing Rates

The typical asking rate per listing is in the $70's per square foot per year. The Downtown Flushing submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 14% decline in rent.

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

Downtown Flushing Listing Supply

In the last 90 days, 4 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,830 sqft. Most properties in this market are close to 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 region. 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