Market Overview for Year 2023
Median price/sqft
5.8% YoY
Sales volume
42.3% YoY
Transactions
-14.8% YoY
Total sqft
7.2% YoY
In total, 75 industrial deals closed, a decline of 14.8% compared to the same period last year. The median price per square foot in Year 2023 was $444, a change of 5.8% Y-o-Y.
Queens industrial real estate price per square foot in Year 2023 was $444, up by 5.8% Y-o-Y.
Queens industrial real estate transactions in Year 2023 was 75, down by 14.8% Y-o-Y.
Queens industrial real estate sales volume in Year 2023 was $1.1B, up by 42.3% Y-o-Y.
Queens industrial real estate total square feet in Year 2023 was 2.6M, up by 7.2% 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 |
|---|
Discover market trends in other boroughs in New York City
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