Southeastern Queens Retail

Southeastern Queens

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,620
As of: December 9, 2016

Southeastern Queens Rates

Most listings are in the $20's per square foot per year. The Southeastern Queens region is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 9% decrease in rent.

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

Southeastern Queens Listing Supply

In the last 90 days, 27 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 4% of the office spaces in the Southeastern Queens are subleases, so you will probably have to focus your search on direct office leases. 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 1,620 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1938 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 close to 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