Market Overview for Quarter 1, 2022
Average price/sqft
-32% YoY
Sales volume
331% YoY
Transactions
81% YoY
Total sqft
535% YoY
In total, 29 industrial deals closed, for a gain of 81% compared to the same period last year. The average price per square foot in Quarter 1, 2022 was $320, a change of -32% Y-o-Y.
Queens industrial real estate price per square foot in Quarter 1, 2022 was $320, down by 32% Y-o-Y.
Queens industrial real estate transactions in Quarter 1, 2022 was 29, up by 81% Y-o-Y.
Queens industrial real estate sales volume in Quarter 1, 2022 was $364.2M, up by 331% Y-o-Y.
Queens industrial real estate total square feet in Quarter 1, 2022 was 1.1M, up by 535% 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
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