South Brooklyn Commercial Real Estate

462 36th St - 3 Spaces Greenwood Heights, New York City, NY  
Sep 19
600 - 7,820
sqft
Retail Office
255 18th St - Unit 1 (Floor 1) Greenwood Heights, New York City, NY  
Sep 05
3,400
sqft
Office Medical Retail Industrial
3905 2nd Ave - Space Sunset Park, New York City, NY  
Aug 15
13,500
sqft
Office Retail
152 9th St - Unit 1 Carroll Gardens, New York, NY  
Aug 04
1,000
sqft
Office Medical Retail Other
481 7th Ave - Unit 1 (Floor 1) Park Slope, New York City, NY  
Aug 04
950
sqft
Office Medical Retail Other
600 Degraw St - 2 Spaces Gowanus, New York City, NY ideal for exercise facility
Jul 25
6,000 - 12,000
sqft
Office Medical Retail Industrial
250 6th St - Entire Building Gowanus, New York City, NY  
Jul 14
8,800
sqft
Industrial Retail Restaurant

South Brooklyn

Market Report

Number of Listings
Posted in the last 90 days
78
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
2,500

South Brooklyn Rates

The typical asking rate per listing is in the $30's per square foot per year. The South Brooklyn region is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 7% decrease in rent.

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

South Brooklyn Listing Supply

In the last 90 days, 723 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the available leases in the South 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.

Even though the median size is 4,420 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this area were built in 1931 and are Class B.

South Brooklyn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Most of the occupants of South Brooklyn work from home. Commuting between 20 and 25 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 South Brooklyn.
Research