The typical asking rate per listing is in the $40's per square foot per year. The Kew Gardens region is seeing a a boost in rates. In the last 3 months, the median rate went up $50 per sqft per year.
Compared to the rest of the New York City market, the Kew Gardens region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 2 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 150% of the available leases in the Kew Gardens are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 7,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this region were built in 1931 and are Class A.
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 area. Commute by walking is the most popular way to get to work amongst Kew Gardens residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.