Market Overview for Quarter 3, 2021
Average price/sqft
26% YoY
Sales volume
24% YoY
Transactions
40% YoY
Total sqft
-1% YoY
A total of 31 sales were closed, representing a Y-o-Y increase of 40%. The average price per square foot in Quarter 3, 2021 was $501, a change of 26% Y-o-Y.
Queens industrial real estate price per square foot in Quarter 3, 2021 was $501, up by 26% Y-o-Y.
Queens industrial real estate transactions in Quarter 3, 2021 was 31, up by 40% Y-o-Y.
Queens industrial real estate sales volume in Quarter 3, 2021 was $318.2M, up by 24% Y-o-Y.
Queens industrial real estate total square feet in Quarter 3, 2021 was 634K, down by 1% Y-o-Y.
Recent Significant Sales
| Property Address | Submarket | Sale Date | Price | Square Feet | Average Price/Sqft | Package Deal |
|---|
Top Boroughs in New York City
View the most recent industrial market trends and historic prices per square feet, transactions and sales volume in Manhattan , Brooklyn , Bronx , Staten Island
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
Fair use and redistribution
We encourage and freely grant you permission to reuse and repost the information, charts and images found in this report. When doing so, we only ask that you link back to this page, or PropertyShark.com.
Disclaimer
PropertyShark.com provides commercial market trend information (Data) on an "as is" basis for the user's personal use. Data comes from publicly available sources which can be out of date. PropertyShark.com provides no warranties regarding title, merchantability, or fitness for a particular purpose. While reasonable efforts are made toward maintaining a high standard of quality of information, PropertyShark.com does not warrant the accuracy, completeness, timeliness or other characteristics of the Data.