Southeastern Queens Retail

Southeastern Queens

Office Space Market Report

Number of Listings (last 90 days)
35
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,700
As of: March 30, 2017

Southeastern Queens Rates

The typical asking rate per listing is in the $30's per square foot per year. The Southeastern Queens region is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.

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

Southeastern Queens Listing Supply

In the last 90 days, 35 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 6% of the available space in the Southeastern Queens are subleases, so you will probably have to consider a longer term lease. 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 2,200 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1940 and are Class B.

Southeastern Queens 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 car is the most popular way to get to work amongst Southeastern Queens folk. Commuting approximately 15 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 Southeastern Queens.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Southeastern Queens.
Research