Office space for sale in Forest Hills

Forest Hills' office buildings line Queens Boulevard from 71st Avenue to Union Turnpike and hold many medical and professional practices, and Northwell's Forest Hills Hospital sits a short walk north. Austin Street, a block off the boulevard, is one of the busiest shopping streets in Queens, with national chains, independent shops and restaurants. The Forest Hills-71st Avenue station, where the E, F, M and R meet, and the LIRR stop at Station Square make it one of the best-connected neighborhoods in the borough.

Office stock
1.6M SF
Office properties
125
Transit
E F M R at Forest Hills-71 Av

Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.

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NYC Department of Finance filings

Income and expenses per square foot: office buildings in Queens

In 2024, 669 Queens office properties filed income statements with the city. Their median gross income was $31.30 per square foot, and the middle half collected between $21.15 and $42.74. Their median operating expense was $8.35 per square foot. The typical property's income was up 1% on 2023. The city publishes these figures by borough, not by neighborhood, so they cover Queens as a whole.

Gross income per square foot, 2024

  • Manhattan$52.08Middle half $38.22 to $74.58 · 1,506 filings
  • Brooklyn$31.54Middle half $21.69 to $44.76 · 720 filings
  • Queens$31.30Middle half $21.15 to $42.74 · 669 filings · this page
  • Bronx$31.39Middle half $21.56 to $43.88 · 286 filings
  • Staten Island$26.23Middle half $17.77 to $36.50 · 233 filings

Bar: the middle half of properties. Tick: the median.

Queens office buildings

Median gross income
$31.30/SF
Middle half
$21.15 to $42.74
Median operating expense
$8.35/SF
Typical change on 2023
+1%
Citywide median
$39.05/SF
Filings
669

Source: NYC Department of Finance, FY 2027 RPIE 2024 Income and Expense Distributions (FY 2027 assessment roll, published January 2026), page 8. Owners of income-producing properties file a Real Property Income and Expense statement each year; gross income is everything a property collected in 2024 per square foot, as filed, with outlier and partial-year filers left out. It includes vacant space, concessions and older leases, so it is not an asking rent.

NYC tax lot records

Office buildings in Forest Hills

What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.

Office space
1.6M SF
Properties with office space
125
All commercial space
4.5M SF
Built before 1940
45%

Largest office buildings

  1. 16 floors · built 1983
  2. 6 floors · built 1963
  3. 8 floors · built 1986
  4. 9 floors · built 1930
  5. 2 floors · built 1951
All 6 large commercial buildings in Forest Hills

Age, height and zoning

  • Median year built: 1941.
  • Median height: 3 floors.
  • Most common zoning districts: R7-1 (50), C4-4A (50), R6 (40).
  • 2 lots are designated city landmarks.

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16. Counts cover tax lots with commercial floor area within about 0.6 mi of Forest Hills' commercial core, and each lot counts toward one neighborhood only, so boundaries are approximate. Building figures are the city's floor-area estimates, not available space.

MTA station data

Subway stations in Forest Hills

Every station within about 0.6 mi of Forest Hills' commercial core, closest first. Stations joined by a free transfer count once.

Stations
3
Subway lines
4
Fully accessible
2 of 3
Closest
Kew Gardens-Union Tpke, 2 min walk

The 3 stations

  • Kew Gardens-Union Tpke2 min walk · Accessible station
  • Forest Hills-71 Av2 min walk · Accessible station
  • 75 Av7 min walk · Not accessible

Lines

The E, F, M and R trains stop within about 0.6 mi of Forest Hills' core.

Step-free access

  • Kew Gardens-Union Tpke (E F) is fully accessible.
  • Forest Hills-71 Av (E F M R) is fully accessible.

Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-16. Walking times are straight-line estimates from the nearest point of Forest Hills' commercial core (the same area as the building counts), so the street route is longer. Accessibility is the MTA's rating for the named station. PATH, LIRR, Metro-North and ferries are not in this data.

Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

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Questions about office space in Forest Hills

Is there office space for sale in Forest Hills right now?

No office space for sale in Forest Hills is listed on Leasemark right now. Post what you want to buy and Leasemark matches you the day a space that fits is listed; your contact details stay private until you accept an intro. Owners and brokers can list a space here for free.

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How much does office space cost in Forest Hills?

Leasemark has no asking prices posted here yet, so here are the city's own numbers. Owners of office buildings in Queens reported a median $31.30 of gross income and $8.35 of operating expense per square foot for 2024 (middle half of income: $21.15 to $42.74), according to the income and expense statements owners file with the NYC Department of Finance (FY 2027 distributions, 669 filings). The city publishes these figures by borough, so this is Queens as a whole, not Forest Hills alone. That is what buildings actually collected, with vacant space, concessions and leases signed years ago in the mix, so it is a baseline rather than a quote: a specific space's price depends on the building's class, floor, condition and the length of the lease.

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How do I find office space in Forest Hills that is not publicly listed?

Post a requirement on Leasemark. Owners and listing brokers see what you need (without your contact details) and can respond with spaces, including ones that are not on the market yet. You choose who gets an intro.

How much office space is there in Forest Hills?

New York City's PLUTO tax lot data (26v2) records about 1.6 million square feet of office floor area across 125 properties in the part of Forest Hills Leasemark covers. The largest by that measure is 112-09 Queens Boulevard, at about 340,000 square feet. That is the existing building stock, not space currently for sale.

What subway lines serve Forest Hills?

Three subway stations sit within about 0.6 mi of Forest Hills' commercial core, served by the E, F, M and R trains. The closest is Kew Gardens-Union Tpke (E F), roughly 2 minutes on foot; then Forest Hills-71 Av (E F M R) and 75 Av (E F). Walking times are straight-line estimates from MTA station data.

Is it free to post on Leasemark?

Yes. Posting a space or a requirement is free. Contact details are only shared when both sides accept an intro.