On average, listings lease in the $40's per square foot per year. The Southeastern Queens submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the New York City market, the Southeastern Queens region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 35 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 57% of the available space in the Southeastern Queens are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,400 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 1945 and are Class B.
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 area. 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.