Park Slope Retail Space

481 7th Ave - Unit 1 (Floor 1) Park Slope, New York City, NY  
Aug 04
950
sqft
Office Medical Retail Other

Park Slope

Market Report

Number of Listings
Posted in the last 90 days
16
Median Rate ($/sqft/yr)
$103
Median Size (sqft)
640

Park Slope Rates

On average, listings lease in the $30's per square foot per year. The Park Slope region is experiencing a a boost in rates. In the last 3 months, the median rate rose $33 per sqft per year.

Compared to the rest of the New York City market, the Park Slope region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Park Slope Listing Supply

In the last 90 days, 82 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Park Slope are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 5,050 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 3 floors. Most buildings in this area were built in 1920 and are Class B.

Park Slope Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Park Slope residents. Commuting around an hour 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 Park Slope.
Research