Market Overview for Quarter 2, 2023
Median price/sqft
-3.3% YoY
Sales volume
-30.6% YoY
Transactions
-24.9% YoY
Total sqft
-27.2% YoY
There were a total of 262 transactions, down 24.9% compared to the same period last year. The median price per square foot in Quarter 2, 2023 was $414, a change of -3.3% Y-o-Y.
Queens commercial real estate price per square foot in Quarter 2, 2023 was $414, down by 3.3% Y-o-Y.
Queens commercial real estate transactions in Quarter 2, 2023 was 262, down by 24.9% Y-o-Y.
Queens commercial real estate sales volume in Quarter 2, 2023 was $861.9M, down by 30.6% Y-o-Y.
Queens commercial real estate total square feet in Quarter 2, 2023 was 2.3M, down by 27.2% Y-o-Y.
Queens Commercial Sales Volume by Property Type
Recent Significant Sales
| Property Address | Submarket | Sale Date | Price | Square Feet | Price/Sqft | Package Deal |
|---|
Top Boroughs in New York City
Queens median price per sqft compared with other boroughs in New York City
| Submarket | Borough | Median sale price/sqft | Transactions | Sales volume | Total sqft |
|---|
See also
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