Flatlands Commercial Real Estate

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Tri State Commercial Realty
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1640 Flatbush Ave - 2 Spaces Flatlands, New York City, NY 18 foot ceiling height
Sep 20
13,500 - 16,400
sqft
Mixed Use Retail
2179 Ralph Ave - Space Flatlands, New York City, NY end cap
Jul 18
4,380
sqft
Retail

Flatlands

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
7,000

Flatlands Rates

The typical asking rate per listing is in the $20's per square foot per year. The Flatlands submarket is going through a a rise in rates. In the last 3 months, the median rate increased $26 per sqft per year.

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

Flatlands Listing Supply

In the last 90 days, 35 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 9% of the available space in the Flatlands 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 7,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this region were built in 1963 and are Class A.

Flatlands Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Flatlands occupants. Commuting approximately an hour and a half 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 Flatlands.
Research