Kew Gardens, NY
Commercial Real Estate Market Trends & Data

$537 Avg asking sale price
$62 Avg asking lease rate
9,497 SF Avg unit lease size
7,895 SF Avg building size for sale
6.53% Average cap rate

Kew Gardens's Demographic Profile

Kew Gardens has 18,962 households and a median income of $79,841, providing context for rent absorption and tenant demand across retail and multifamily assets. A -7% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 52,666
# Households 18,962
Median age 42
Median household income $79,841
Avg household size 3.0
Renter-occupied housing units 11,877
5-year population change -7%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Kew Gardens, NY

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Kew Gardens $534 4,009 SF 5.00%
Richmond Hill $549 4,177 SF 5.00%
Woodhaven $801 4,767 SF 5.52%
Nearby Retail Markets Avg Cost/SF Typical Size
Kew Gardens $569 6,538 SF
Richmond Hill $562 6,748 SF
South Richmond Hill $600 5,029 SF
Briarwood $751 12,409 SF
Woodhaven $557 8,410 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Kew Gardens $588 5,683 SF 5.98%
Richmond Hill $588 6,288 SF 5.98%
Briarwood $656 4,094 SF 5.85%
Woodhaven $389 8,336 SF 10.04%
Forest Hills $403 7,374 SF 4.11%

Commercial Properties For Sale in Kew Gardens

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

113-19 Atlantic Ave

Richmond Hill, NY 11418

  • 5,544 SF Retail Building
  • 6.87% Cap Rate
  • $1,999,999
For Sale

13821 Jamaica Ave

Jamaica, NY 11435

  • 4,960 SF Multifamily
  • 5.85% Cap Rate
  • $5,990,000
For Sale

Prime Jamaica Assemblage Opportunity

Jamaica, NY

  • $1,650,000
For Sale

125-11 101st Ave, Richmond Hill S., New York

South Richmond Hill, NY 11419

  • 3,700 SF Multifamily
  • $1,999,888
For Sale

9625 95th Ave

Ozone Park, NY 11416

  • 2,850 SF Flex Building
  • $1,199,888
For Sale

92-03 Jamaica Ave

Woodhaven, NY 11421

  • 3,203 SF Retail Building
  • 6.00% Cap Rate
  • $2,280,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Kew Gardens pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Kew Gardens $537 7,895 SF
Richmond Hill $527 8,390 SF
South Richmond Hill $594 5,500 SF
Briarwood $620 9,816 SF
Woodhaven $544 9,710 SF

Regional Demographic Comparison

This comparison places Kew Gardens alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Kew Gardens or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Kew Gardens 52,666 18,962 42 $79,841 3 11,877 -7%
Richmond Hill 32,147 10,085 40 $77,734 3 6,186 -10%
South Richmond Hill 36,406 10,291 42 $82,491 3 5,640 -12%
Briarwood 58,568 19,979 40 $71,940 3 13,359 -4%
Woodhaven 34,169 10,021 41 $77,677 3 5,310 -11%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Kew Gardens, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Kew Gardens

View All Commercial Real Estate For Sale in Kew Gardens
Is Kew Gardens a good market for a first-time commercial real estate investor?

Kew Gardens offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Kew Gardens?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Kew Gardens. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Kew Gardens?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Kew Gardens. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Kew Gardens compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Kew Gardens. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Kew Gardens acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Kew Gardens, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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