The typical asking rate per listing is in the $50's per square foot per year. The College Point region is going through a a boost in rates. In the last 3 months, the median rate went up $29 per sqft per year. That's a 122% rise in rent.
Compared to the rest of the New York City market, the College Point region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 13 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,620 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this market were built in 1961 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by car is the most popular way to get to work amongst College Point occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.