Market Overview for Quarter 4, 2022
There were a total of 254 transactions, representing a Y-o-Y decrease of 37%. The average price per square foot in Quarter 4, 2022 was $406, a change of -13% Y-o-Y.
Queens commercial real estate price per square foot in Quarter 4, 2022 was $406, down by 13% Y-o-Y.
Queens commercial real estate transactions in Quarter 4, 2022 was 254, down by 37% Y-o-Y.
Queens commercial real estate sales volume in Quarter 4, 2022 was $723.1M, down by 67% Y-o-Y.
Queens commercial real estate total square feet in Quarter 4, 2022 was 1.8M, down by 61% Y-o-Y.
Queens Commercial Sales Volume by property type
Recent Significant Sales
|Property Address||Submarket||Sale Date||Price||Square Feet||Average Price/Sqft||Package Deal|
Top Boroughs in New York City
Queens average price per sqft compared with other boroughs in New York City
|Submarket||Borough||Average sale price/sqft||Transactions||Sales volume||Total sqft|
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