Market Overview for Quarter 4, 2022
Average price/sqft
-13% YoY
Sales volume
-67% YoY
Transactions
-37% YoY
Total sqft
-61% YoY
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 |
|---|
See also
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