Southwestern Queens Retail

Southwestern Queens

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
1,000
As of: December 6, 2016

Southwestern Queens Rates

The typical asking rate per listing is in the $30's per square foot per year. The Southwestern Queens region is seeing a an increase in rates. In the last 3 months, the median rate went up $40 per sqft per year.

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

Southwestern Queens Listing Supply

In the last 90 days, 3 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,000 sqft. Most properties in this region are around 2 floors. Most buildings in this area were built in 1931.

Southwestern Queens Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Southwestern Queens residents. Commuting under 5 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 Southwestern Queens.
Market Report

Market Data

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