Downtown Brooklyn Industrial

We couldn't find any industrial spaces for Lease and Sublease

Downtown Brooklyn

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$67
Median Size (sqft)
14,000
As of: January 19, 2017

Downtown Brooklyn Rates

Most listings are in the $70's per square foot per year. The Downtown Brooklyn region is going through a a rise in rates. In the last 3 months, the median rate increased $14 per sqft per year. That's a 25% increase in rent.

Compared to the rest of the New York City market, the Downtown Brooklyn submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Downtown Brooklyn Listing Supply

In the last 90 days, 21 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 10% of the available leases in the Downtown Brooklyn are subleases, so you will probably have to focus your search on direct office leases. 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 9,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 5 floors. Most buildings in this market were built in 1950 and are Class A.

Downtown Brooklyn Community

A large portion of this market is residential, but there's plenty of office_space. Health care is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Brooklyn folk. Commuting between 20 and 25 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 Downtown Brooklyn.
Market Report

Market Data

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