Central Brooklyn Retail

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1001 Flatbush Ave - 2 Spaces Flatbush, New York City, NY Close Public Transit.
Sep 20
760 - 1,460
sqft
Retail
830 Flatbush Ave - Space Flatbush, New York City, NY  
Sep 19
2,500
sqft
Retail
504 Flatbush Ave - Space Flatbush, New York City, NY  
Sep 15
1,250
sqft
Office Retail
860 Nostrand Ave - Unit 1 Crown Heights, New York City, NY  
Sep 13
700
sqft
Retail
2576 Bedford Ave - Unit 1 Flatbush, New York City, NY  
Sep 13
800
sqft
Retail
52 Rockaway Ave - Entire Building Ocean Hill, New York City, NY  
Sep 07
1,250
sqft
Office Retail
541 Kingston Ave - Space East Flatbush, New York City, NY  
Aug 10
1,200
sqft
Office Retail
276 E 23rd St - Space Flatbush, New York City, NY  
Jul 26
400
sqft
Retail
836 Rogers Ave - Space Flatbush, New York City, NY  
Jul 26
900
sqft
Retail
737 Utica Ave - Space East Flatbush, New York City, NY  
Jul 20
1,600
sqft
Office Retail
1578 Union St - Space Crown Heights, New York City, NY  
Jul 13
2,000
sqft
Office Retail
546 Howard Ave - Space Crown Heights, New York City, NY  
Jun 27
800
sqft
Office Retail
1101 Church Ave - 2 Spaces Flatbush, New York City, NY  
May 30
860 - 1,530
sqft
Office Retail
5350 Kings Hwy - Space East Flatbush, New York City, NY  
May 28
7,700
sqft
Office Medical Retail
278 Albany Ave - Space Crown Heights, New York City, NY  
May 10
600
sqft
Office Retail
1111 Clarkson Ave - Space East Flatbush, New York City, NY  
Apr 06
1,400
sqft
Office Retail

Central Brooklyn

Market Report

Number of Listings
Posted in the last 90 days
27
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
3,200

Central Brooklyn Rates

On average, listings lease in the $30's per square foot per year. The Central Brooklyn region is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 5% decline in rent.

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

Central Brooklyn Listing Supply

In the last 90 days, 440 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the available space in the Central Brooklyn are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,600 sqft. Most properties in this region are around 3 floors. Most buildings in this market were built in 1931 and are Class A.

Central Brooklyn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Most of the folk of Central Brooklyn work from home. Commuting close to 15 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 Central Brooklyn.
Research