Market Overview for Year 2023
Median price/sqft
7.9% YoY
Sales volume
-27% YoY
Transactions
3.9% YoY
Total sqft
-42% YoY
A total of 106 office deals were recorded, representing a Y-o-Y change of just 3.9%. The median price per square foot in Year 2023 was $591, a change of 7.9% Y-o-Y.
Queens office real estate price per square foot in Year 2023 was $591, up by 7.9% Y-o-Y.
Queens office real estate transactions in Year 2023 was 106, up by 3.9% Y-o-Y.
Queens office real estate sales volume in Year 2023 was $406.2M, down by 27% Y-o-Y.
Queens office real estate total square feet in Year 2023 was 783K, down by 42% 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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