Commercial Real Estate Market in Douglaston, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
2,101 active listings and 24,197 off-market properties in Douglaston, NY. Commercial property asks $1,489/SF to buy and $56.18/SF/Yr to lease.
Market Trends
Douglaston, NY spans 2.9 square miles in Queens County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Douglaston, NY asks $450/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Douglaston, NY asks $599/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Douglaston, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Douglaston, NY asks $511/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Douglaston, NY has 25,347 residents in 10,636 households. Density runs 8,617 people per square mile. Median household income here is $116,670 and median gross rent $2,459 a month.
25,347
Population
10,636
Households
2.4
Avg Household Size
48
Median Age
53%
College-Educated
92%
High-School Grad
2.9 sq mi
ZIP Area
8,617
Density / Sq Mi
$116,670
Median Household Income
$64,081
Median Earnings
$2,459
Median Rent
$743,955
Median Home Value
Tools
Lease vs Buy Breakeven
At $56.18/SF/Yr lease vs $1,489/SF buy → buying wins if held > 23.3 years.
At a 3.8% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Great Neck | — | $44.60 |
| New Hyde Park | — | $35.83 |
| North Hills | — | — |
| Floral Park | — | $30.59 |
Commercial property in Douglaston, NY asks $1,489/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Douglaston?
Commercial property in Douglaston, NY asks an average of $1,489 per square foot. The 4 most recent recorded sales traded at a median of $557/SF, so asking sits 167% above the achieved median. Retail carries the highest asking price at $599/SF.
How much does it cost to lease commercial space in Douglaston?
Asking lease rates in Douglaston, NY average $56.18 per square foot per year.
Is it cheaper to lease or buy commercial space in Douglaston?
Buying beats leasing in Douglaston, NY if the property is held longer than 23.3 years, comparing $56.18/SF/Yr asking rent with $1,489/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Douglaston market data come from?
Realmo compiles Douglaston, NY figures from 4 recent recorded sales, 1,577 active sale listings, 524 active lease listings, 24,197 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1,577 active for-sale and 524 active for-lease listings in Douglaston, NY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
