Market Overview for Quarter 1, 2023
In total, 38 retail deals closed, a decline of 30.9% compared to the same period last year. The median price per square foot in Quarter 1, 2023 was $729, a change of 54% Y-o-Y.
Queens retail real estate price per square foot in Quarter 1, 2023 was $729, up by 54% Y-o-Y.
Queens retail real estate transactions in Quarter 1, 2023 was 38, down by 30.9% Y-o-Y.
Queens retail real estate sales volume in Quarter 1, 2023 was $122.9M, down by 42.1% Y-o-Y.
Queens retail real estate total square feet in Quarter 1, 2023 was 223K, down by 33.9% 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|
Queens Commercial Market Trends
Queens Multifamily Market Trends
Queens Industrial Market Trends
Manhattan Residential Market Trends
Brooklyn Residential Market Trends
Bronx Residential Market Trends
Queens Residential Market Trends
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