East Williamsburg Office Space

38 Debevoise St - 2 Spaces Williamsburg, New York City, NY  
Aug 29
4,000 - 20,000
sqft
Office Retail
74 Bogart St - Space Williamsburg, New York City, NY  
Jul 28
80,000
sqft
Office Retail

East Williamsburg

Market Report

Number of Listings
Posted in the last 90 days
74
Median Rate ($/sqft/yr)
$68
Median Size (sqft)
530

East Williamsburg Rates

On average, listings lease in the $50's per square foot per year. The East Williamsburg submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $20 per sqft per year. That's a 51% increase in rent.

Compared to the rest of the New York City market, the East Williamsburg submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

East Williamsburg Listing Supply

In the last 90 days, 405 listings have come on the market, so you'll want to check back regularly for new listings. About 20% of the available space in the East Williamsburg are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 740 sqft. Most buildings in this area are close to 3 floors. Most buildings in this market were built in 1931 and are Class C.

East Williamsburg Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst East Williamsburg folk. Commuting between 30 and 45 minutes 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 East Williamsburg.
Research