Central Brooklyn Industrial

Central Brooklyn

Office Space Market Report

Number of Listings (last 90 days)
61
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
2,500
As of: May 22, 2017

Central Brooklyn Rates

On average, listings lease in the $40's per square foot per year. The Central Brooklyn submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 6% rise in rent.

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

Central Brooklyn Listing Supply

In the last 90 days, 61 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 measurement for office space in this area is around 2,500 sqft. Most properties in this market are approximately 3 stories. Most buildings in this market 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 market. Most of the residents 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.
Research