Queens Commercial Market Trends

Stats: Quarterly Yearly

Market Overview for Quarter 2, 2022

Average price/sqft


23% YoY

Sales volume


45% YoY



4% YoY

Total sqft


17% YoY

A total of 331 commercial deals were recorded, representing a Y-o-Y change of just 4%. The average price per square foot in Quarter 2, 2022 was $421, a change of 23% Y-o-Y.

Average Commercial Sale Price Per Square Feet

Queens commercial real estate price per square foot in Quarter 2, 2022 was $421, up by 23% Y-o-Y.

Commercial Transactions in Queens

Queens commercial real estate transactions in Quarter 2, 2022 was 331, up by 4% Y-o-Y.

Commercial sales volume in Queens

Queens commercial real estate sales volume in Quarter 2, 2022 was $1.3B, up by 45% Y-o-Y.

Total sqft of Commercial properties sold in Queens

Queens commercial real estate total square feet in Quarter 2, 2022 was 3M, up by 17% 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

See also

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