Compared to the rest of the New York City market, the Sheepshead Bay submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 194 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available leases in the Sheepshead Bay are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 1950 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Sheepshead Bay folk. Commuting close to an hour 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 Sheepshead Bay.
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