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