Southeastern Queens Sublease

Southeastern Queens

Office Space Market Report

Number of Listings (last 90 days)
36
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,350
As of: January 19, 2017

Southeastern Queens Rates

On average, listings lease in the $30's per square foot per year. The Southeastern Queens region is going through a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.

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

Southeastern Queens Listing Supply

In the last 90 days, 37 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the listings in the Southeastern Queens are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,260 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1940 and are Class B.

Southeastern Queens Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Southeastern Queens occupants. Commuting around 15 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 Southeastern Queens.
Market Report

Market Data

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