Queens Retail Market Trends

Stats: Quarterly Yearly

Market Overview for Quarter 1, 2023

Median price/sqft


54% YoY

Sales volume


-42.1% YoY



-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.

Median Retail Sale Price Per Square Feet

Queens retail real estate price per square foot in Quarter 1, 2023 was $729, up by 54% Y-o-Y.

Retail Transactions in Queens

Queens retail real estate transactions in Quarter 1, 2023 was 38, down by 30.9% Y-o-Y.

Retail Sales Volume in Queens

Queens retail real estate sales volume in Quarter 1, 2023 was $122.9M, down by 42.1% Y-o-Y.

Total sqft of Retail Properties Sold in Queens

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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