Kew Gardens Retail

Kew Gardens

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
7,000
As of: July 19, 2017

Kew Gardens Rates

Most listings are in the $30's per square foot per year. The Kew Gardens submarket is going through a decrease in rates. In the last 3 months, the median rate fell $17 per sqft per year. That's a 33% decline in rent.

Compared to the rest of the New York City market, the Kew Gardens region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Kew Gardens Listing Supply

In the last 90 days, 2 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available space in the Kew Gardens 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.

Even though the median size is 7,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 3 floors. Most buildings in this area were built in 1931 and are Class A.

Kew Gardens Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Kew Gardens folk. Commuting close to 20 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 Kew Gardens.
Market Report

Market Data

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