PSF
Business & Finance abbreviation · Real Estate & Mortgage
| Stands for | Per square foot |
|---|---|
| Categories | Business & Finance |
PSF stands for Per square foot, a real estate & mortgage abbreviation.
Unit for quoting prices, rents and costs relative to floor area, such as a sale price of $350 PSF or office rent of $45 PSF per year.
Example: Asking rent is $32 PSF NNN, plus about $11 in operating expenses.
Usage notes
US commercial rents are usually quoted per square foot per year, while many residential rents are monthly figures. Price per square foot comparisons work best between similar homes in the same area.
Related abbreviations
More real estate & mortgage abbreviations
- NOI – Net operating income
- P&I – Principal and interest
- PITI – Principal, interest, taxes and insurance
- PMI – Private mortgage insurance
- POA – Property owners association
- PSA – Purchase and sale agreement
- PUD – Planned unit development
- QCD – Quitclaim deed
- QM – Qualified mortgage
- REIT – Real estate investment trust
- REO – Real estate owned
- ROFO – Right of first offer