Eastern Brooklyn Industrial

Eastern Brooklyn

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
20,000
As of: June 26, 2017

Eastern Brooklyn Rates

The typical asking rate per listing is in the $20's per square foot per year. The Eastern Brooklyn submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $21 per sqft per year.

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

Eastern Brooklyn Listing Supply

In the last 90 days, 9 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 122% of the available space in the Eastern Brooklyn 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 posted, so finding a space for a small business might be tough.

Even though the median size is 20,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1930 and are Class A.

Eastern Brooklyn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Eastern Brooklyn occupants. 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 Eastern Brooklyn.
Market Report

Market Data

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