Rockaway Peninsula Retail

Rockaway Peninsula

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
4,000
As of: February 27, 2017

Rockaway Peninsula Rates

On average, listings lease in the $30's per square foot per year. The Rockaway Peninsula region is going through a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 6% decline in rent.

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

Rockaway Peninsula Listing Supply

In the last 90 days, 1 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 4,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1967 and are Class A.

Rockaway Peninsula Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Rockaway Peninsula residents. Commuting close to an hour and a half 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 Rockaway Peninsula.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Rockaway Peninsula.
Research