Bushwick Industrial

Bushwick

Office Space Market Report

Number of Listings (last 90 days)
47
Median Rate ($/sqft/yr)
$43
Median Size (sqft)
2,800
As of: March 11, 2017

Bushwick Rates

Most listings are in the $40's per square foot per year. The Bushwick region is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 1% rise in rent.

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

Bushwick Listing Supply

In the last 90 days, 47 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the listings in the Bushwick are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,800 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1931 and are Class B.

Bushwick 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 market. Commute by car is the most popular way to get to work amongst Bushwick folk. Commuting between 30 and 45 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 Bushwick.
Market Report

Market Data

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