On average, listings lease in the $40's per square foot per year. The Maspeth region is experiencing a a rise in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 10% rise in rent.
Compared to the rest of the New York City market, the Maspeth submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 3 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 2,800 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 1 stories. Most buildings in this market were built in 1930.
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 folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.