Central Brooklyn Industrial

Central Brooklyn

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Central Brooklyn Rates

On average, listings lease in the $40's per square foot per year. The Central Brooklyn submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 18% increase in rent.

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

Central Brooklyn Listing Supply

In the last 90 days, 36 listings have been listed, which means spaces most likley are 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.

The standard measurement for office space in this area is around 1,150 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 1931 and are Class A.

Central Brooklyn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Most of the occupants of Central Brooklyn work from home. Commuting close to 15 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 Central Brooklyn.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central Brooklyn.