Market Overview for Quarter 1, 2023
Median price/sqft
54% YoY
Sales volume
-42.1% YoY
Transactions
-30.9% YoY
Total sqft
-33.9% YoY
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 |
|---|
See also
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