Forest Hills, NY Distribution Centers for Lease
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Forest Hills, NY Distribution centers Lease Rates & Market Statistics
Explore 16 Distribution centers for lease in Forest Hills, NY on Realmo, a commercial real estate exchange covering the Forest Hills area. The current inventory totals 175,000 square feet of properties — an average of ~10,950 SF per listing.
Asking lease rates for Distribution centers in Forest Hills start at $5.78 SF/Yr, average $13.96 SF/Yr, and reach $28 SF/Yr at the top of the market. That's a 5x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $13.96 SF/Yr is 69% below the New York state average of $45.24 SF/Yr.
Distribution centers make up 28% of the 57 Industrial properties currently for lease in Forest Hills, with asking rates averaging $13.96 SF/Yr — 64% below the citywide Industrial properties average of $38.84 SF/Yr. Tenants comparing options may also consider Flex space (29 listings) and Other industrial properties (11 listings) elsewhere in the Forest Hills market.