DUMBO Office Space

DUMBO

Market Report

Number of Listings
Posted in the last 90 days
53
Median Rate ($/sqft/yr)
$60
Median Size (sqft)
2,930

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

DUMBO Listing Supply

In the last 90 days, 491 listings have come on the market, so you'll want to check back regularly for new listings. About 11% of the available leases in the DUMBO are subleases, so you might be able to snag a great spot on a short term. 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 new availabilities below 2,000 sqft. Most properties in this market are approximately 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 area. Commute by bike is the most popular way to get to work amongst DUMBO occupants. 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