Maspeth Sublease

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Maspeth

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
15,000
As of: August 22, 2017

Maspeth Rates

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

Maspeth Listing Supply

In the last 90 days, 5 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 40% of the available space in the Maspeth are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 15,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this market were built in 1956.

Maspeth Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Maspeth occupants. Commuting more than 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 Maspeth.
Market Report

Market Data

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