Market Overview for Quarter 3, 2023
Median price/sqft
-4% YoY
Sales volume
-38.5% YoY
Transactions
-26.6% YoY
Total sqft
-45.4% YoY
There were a total of 243 transactions, down 26.6% compared to the same period last year. The median price per square foot in Quarter 3, 2023 was $402, a change of -4% Y-o-Y.
Queens commercial real estate price per square foot in Quarter 3, 2023 was $402, down by 4% Y-o-Y.
Queens commercial real estate transactions in Quarter 3, 2023 was 243, down by 26.6% Y-o-Y.
Queens commercial real estate sales volume in Quarter 3, 2023 was $624.3M, down by 38.5% Y-o-Y.
Queens commercial real estate total square feet in Quarter 3, 2023 was 1.5M, down by 45.4% Y-o-Y.
Queens Commercial Sales Volume by Property Type
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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