Market Overview for Quarter 1, 2023
Median price/sqft
-3.9% YoY
Sales volume
44.2% YoY
Transactions
-25% YoY
Total sqft
1.4% YoY
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 |
|---|
See also
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