DUMBO Industrial

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

DUMBO

Office Space Market Report

Number of Listings (last 90 days)
99
Median Rate ($/sqft/yr)
$60
Median Size (sqft)
2,930
As of: August 17, 2017

DUMBO Rates

Most listings are in the $60's per square foot per year. The DUMBO submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 1% rise in rent.

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

DUMBO Listing Supply

In the last 90 days, 99 listings have been posted online, so you'll want to check back regularly for new listings. About 52% of the available leases in the DUMBO are subleases, so you might be able to snag a great spot on a short term. 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 2,930 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 11 stories. Most buildings in this region were built in 1925 and are Class C.

DUMBO Community

A large portion of this region is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst DUMBO folk. Commuting more than an hour and a half 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 DUMBO.
Market Report

Market Data

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