Northwestern Queens Sublease

Northwestern Queens

Office Space Market Report

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

Northwestern Queens Rates

Most listings are in the $40's per square foot per year. The Northwestern Queens region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 11% decrease in rent.

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

Northwestern Queens Listing Supply

In the last 90 days, 62 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the available space in the Northwestern Queens are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1931 and are Class A.

Northwestern Queens 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 region. Commute by motorcycle is the most popular way to get to work amongst Northwestern Queens occupants. Commuting around 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 Northwestern Queens.
Market Report

Market Data

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