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The typical asking rate per commerial real estate listing leases is in the $60's per square foot per year. The Park Slope submarket is experiencing a decrease in rates. In the last 3 months, the median rate for lease decreased $41 per sqft per year.
Compared to the rest of the New York City commercial real estate market, the Park Slope submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 82 commercial real estate listings have come on the market, 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 400 sqft. Most properties in this region are close to 3 stories. Most buildings in this market were built around 1920 and are Class .
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 area. Commute by bike is the most popular way to get to work amongst Park Slope folk. Commuting around an hour 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 Park Slope.
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