Downtown Flushing Retail

Downtown Flushing

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$76
Median Size (sqft)
3,220
As of: March 12, 2017

Downtown Flushing Rates

On average, listings lease in the $70's per square foot per year. The Downtown Flushing submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 13% decrease in rent.

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 come on the market, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,220 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 3 floors. Most buildings in this area 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 folk. 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