For Sale
Kew Gardens, NY
Commercial Real Estate Market Trends & Data
$494 per SF
Avg asking sale price
$44 per SF
Avg asking lease rate
6,227 SF
Avg unit lease size
7,953 SF
Avg building size for sale
6.77%
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% |
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| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Kew Gardens | $565 | 4,068 SF | 6.69% |
| Richmond Hill | $580 | 4,220 SF | 6.69% |
| Woodhaven | $569 | 5,875 SF | 5.52% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Kew Gardens | $466 | 8,347 SF | 6.00% |
| Richmond Hill | $466 | 8,347 SF | 6.00% |
| South Richmond Hill | $528 | 6,357 SF | 5.14% |
| Woodhaven | $348 | 6,950 SF | 6.00% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Kew Gardens | $497 | 7,526 SF |
| Richmond Hill | $497 | 7,526 SF |
| South Richmond Hill | $761 | 6,271 SF |
| Briarwood | $753 | 12,409 SF |
| Woodhaven | $481 | 7,757 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Kew Gardens | $795 | 5,722 SF | 6.22% |
| Richmond Hill | $810 | 6,419 SF | 5.85% |
| Briarwood | $838 | 3,699 SF | 5.85% |
| Forest Hills | $399 | 7,548 SF | 6.22% |
| Kew Gardens Hills | $566 | 9,191 SF | 6.22% |
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
For Sale
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
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 | $494 | 7,953 SF |
| Richmond Hill | $494 | 8,312 SF |
| South Richmond Hill | $687 | 5,940 SF |
| Briarwood | $615 | 8,847 SF |
| Woodhaven | $442 | 9,489 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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