Southeastern Queens Retail

Southeastern Queens

Office Space Market Report

Number of Listings (last 90 days)
35
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
1,380
As of: July 27, 2017

Southeastern Queens Rates

On average, listings lease in the $30's per square foot per year. The Southeastern Queens region is experiencing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 5% increase in rent.

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

Southeastern Queens Listing Supply

In the last 90 days, 35 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 23% of the available leases in the Southeastern 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.

The standard measurement for office space in this area is around 1,380 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1945 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 around 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