Jackson Heights Sublease

Jackson Heights

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Jackson Heights Rates

Most listings are in the $80's per square foot per year. The Jackson Heights region is experiencing a a boost in rates. In the last 3 months, the median rate went up $83 per sqft per year. That's a Inf% rise in rent.

Compared to the rest of the New York City market, the Jackson Heights submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Jackson Heights Listing Supply

In the last 90 days, 2 listings have been posted online, which means listings 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.

The standard measurement for office space in this area is around 1,900 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this region were built in 1934 and are Class A.

Jackson Heights Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Jackson Heights folk. Commuting around an hour and a half 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 Jackson Heights.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Jackson Heights.