Northwestern Brooklyn Retail

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Two Trees Management Co.
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63 Adelphi St - Entire Building Fort Greene, New York City, NY Close Public Transit and Close Points Of Interest.
Sep 20
1,500
sqft
Industrial Mixed Use Office Retail
353 Myrtle Ave - Unit 1 (Floor 1) Fort Greene, New York City, NY  
Aug 14
650
sqft
Office Retail Restaurant
69 Underhill Ave - Unit 1F (Floor 1) Prospect Heights, New York City, NY  
Aug 09
1,100
sqft
Office Retail
103 Atlantic Ave - Space Brooklyn Heights, New York City, NY  
Jun 20
1,500
sqft
Office Retail
374 Myrtle Ave - Unit 1 (Floor 1) Fort Greene, New York City, NY  
Apr 30
1,180
sqft
Office Medical Retail

Northwestern Brooklyn

Market Report

Number of Listings
Posted in the last 90 days
19
Median Rate ($/sqft/yr)
$59
Median Size (sqft)
2,990

Northwestern Brooklyn Rates

The typical asking rate per listing is in the $50's per square foot per year. The Northwestern Brooklyn submarket is going through a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 0% decrease in rent.

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

Northwestern Brooklyn Listing Supply

In the last 90 days, 1173 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the listings in the Northwestern Brooklyn 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 2,990 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 5 stories. Most buildings in this region were built in 1935 and are Class A.

Northwestern Brooklyn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Northwestern Brooklyn residents. Commuting under 5 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 Northwestern Brooklyn.
Research