Southwestern Queens Retail

Southwestern Queens

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
1,200
As of: March 11, 2017

Southwestern Queens Rates

The typical asking rate per listing is in the $40's per square foot per year. The Southwestern Queens region is going through a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 17% rise in rent.

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

Southwestern Queens Listing Supply

In the last 90 days, 4 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,200 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1931 and are Class B.

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 area. Commute by taxi is the most popular way to get to work amongst Southwestern Queens occupants. 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