Southeastern Queens Retail

Southeastern Queens

Office Space Market Report

Number of Listings (last 90 days)
35
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
30,000
As of: June 23, 2017

Southeastern Queens Rates

Most listings are in the $30's per square foot per year. The Southeastern Queens submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $32 per sqft per year.

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 submarket.

Southeastern Queens Listing Supply

In the last 90 days, 35 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 40% of the available leases in the Southeastern Queens are subleases, so you might be able to snag a great spot on a short term. 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 1,760 sqft. Most buildings in this market are around 2 floors. Most buildings in this market 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 residents. 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