East New York Industrial

East New York

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
20,000
As of: July 21, 2017

East New York Rates

The typical asking rate per listing is in the $20's per square foot per year. The East New York region is going through a a boost in rates. In the last 3 months, the median rate went up $29 per sqft per year.

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

East New York Listing Supply

In the last 90 days, 2 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 450% of the listings in the East New York 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 20,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 1 stories. Most buildings in this area were built in 1930 and are Class A.

East New York Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst East New York occupants. Commuting close to 10 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 East New York.
Market Report

Market Data

Real time and historical data on commercial real estate listings in East New York.
Research