Brownsville Industrial

Brownsville

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
1,800
As of: March 30, 2017

Brownsville Rates

On average, listings lease in the $30's per square foot per year. The Brownsville region is seeing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 14% decline in rent.

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

Brownsville Listing Supply

In the last 90 days, 3 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 6,500 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this area were built in 1930.

Brownsville Community

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 market. Commute by bike is the most popular way to get to work amongst Brownsville residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Brownsville.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Brownsville.
Research