DUMBO Industrial

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DUMBO

Market Report

Number of Listings
Posted in the last 90 days
12
Median Rate ($/sqft/yr)
$60
Median Size (sqft)
2,930

Compared to the rest of the New York City market, the DUMBO region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

DUMBO Listing Supply

In the last 90 days, 491 listings have been made available, so you'll want to check back regularly for new listings. About 10% of the available space in the DUMBO are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,930 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 11 stories. Most buildings in this market were built in 1925 and are Class C.

DUMBO Community

A large portion of this region is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst DUMBO residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in DUMBO.
Research