Market Overview for Quarter 1, 2023
There were a total of 21 transactions, down 25% compared to the same period last year. The median price per square foot in Quarter 1, 2023 was $452, a change of -3.9% Y-o-Y.
Queens industrial real estate price per square foot in Quarter 1, 2023 was $452, down by 3.9% Y-o-Y.
Queens industrial real estate transactions in Quarter 1, 2023 was 21, down by 25% Y-o-Y.
Queens industrial real estate sales volume in Quarter 1, 2023 was $514.0M, up by 44.2% Y-o-Y.
Queens industrial real estate total square feet in Quarter 1, 2023 was 1.2M, up by 1.4% Y-o-Y.
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|
Queens Commercial Market Trends
Queens Multifamily Market Trends
Manhattan Residential Market Trends
Brooklyn Residential Market Trends
Bronx Residential Market Trends
Queens Residential Market Trends
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