Family Office Briefing on research byMatthews·May 21, 2025
2024 | MIXED-USE/RETAIL MARKET REPORT | QUEENS, NY
Queens mixed-use/retail market sees increased owner-user activity in 2024 — family offices should consider co-GP opportunities with local operators.
2024
Key Metrics
| Metric | Value |
|---|---|
| Transaction Volume for Mixed-Use Properties | 117.78million |
| Transaction Volume for Retail Properties | 105.12million |
| Average Transaction Size for Mixed-Use Properties | 1.73million |
| Average Transaction Size for Retail Properties | 5.25million |
| Average Price per Square Foot for Mixed-Use Properties | 461$ |
| Average Price per Square Foot for Retail Properties | 804$ |
| Unemployment Rate | 4.6% |
| Current Population | 2,252,196 |
| Households | 828,230 |
| Median Household Income | 40.5K |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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