The typical asking rate per listing is in the $50's per square foot per year. The Northwestern Queens region is seeing a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 9% increase in rent.
Compared to the rest of the New York City market, the Northwestern Queens submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 105 listings have been posted online, so you'll want to check back regularly for new listings. About 109% of the listings in the Northwestern Queens 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 6,440 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1938 and are Class A.
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 region. Commute by motorcycle is the most popular way to get to work amongst Northwestern Queens occupants. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.