Northeastern Queens Sublease

Northeastern Queens

Office Space Market Report

Number of Listings (last 90 days)
28
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
2,830
As of: January 16, 2017

Northeastern Queens Rates

Most listings are in the $50's per square foot per year. The Northeastern Queens submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 25% rise in rent.

Compared to the rest of the New York City market, the Northeastern Queens submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Northeastern Queens Listing Supply

In the last 90 days, 28 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 4% of the available space in the Northeastern Queens are subleases, so you will probably have to focus your search on direct office leases. 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 2,830 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this market were built in 1965 and are Class A.

Northeastern Queens Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Northeastern Queens residents. Commuting approximately 10 minutes 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 Northeastern Queens.
Market Report

Market Data

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