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Compared to the rest of the New York City commercial real estate market, the Downtown Brooklyn submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 291 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate leases in the Downtown Brooklyn are subleases, so you will probably have to focus your search on direct leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 390 sqft. Most properties in this area are close to 5 stories. Most buildings in this market were built around 1948 and are Class A.
A large portion of this market is residential, but there's plenty of office space. Health care is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Brooklyn folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown Brooklyn.
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