DUMBO Medical Space For Sale

DUMBO

Market Report

Number of Listings For Sale
Posted in the last 90 days
0
Median Size (sqft)
2,400

DUMBO Commercial Real Estate

Find DUMBO commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a DUMBO commercial real estate broker in DUMBO's Top Broker Directory. Learn about DUMBO commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

DUMBO Rates

The typical asking rate per commerial real estate listing leases is in the $50's per square foot per year. The DUMBO submarket is experiencing a decline in rates. In the last 3 months, the median rate for lease fell $9 per sqft per year.

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

DUMBO Listing Supply

In the last 90 days, 491 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. 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 2,400 sqft. Most buildings in this region are approximately 6 stories. Most buildings in this region were built approximately 1912 and are Class C.

DUMBO Community

This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst DUMBO residents. Commuting more than 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 DUMBO.
Research