On average, listings lease in the $40's per square foot per year. The Northwestern Queens region is going through a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 6% rise in rent.
Compared to the rest of the New York City market, the Northwestern Queens submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 105 listings have been made available, so you'll want to check back regularly for new listings. About 114% of the listings in the Northwestern Queens are subleases, so you might be able to sign a shorter term by taking over a previous 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.
Even though the median size is 10,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1940 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 market. Commute by motorcycle is the most popular way to get to work amongst Northwestern Queens folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.