Fort Greene Industrial

Fort Greene

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$77
Median Size (sqft)
26,970
As of: June 28, 2017

Fort Greene Rates

The typical asking rate per listing is in the $70's per square foot per year. The Fort Greene region is experiencing a an increase in rates. In the last 3 months, the median rate rose $77 per sqft per year.

Compared to the rest of the New York City market, the Fort Greene submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Fort Greene Listing Supply

In the last 90 days, 1 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 1,100% of the listings in the Fort Greene are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 26,970 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 6 floors. Most buildings in this area were built in 1969 and are Class A.

Fort Greene Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Most of the occupants of Fort Greene work from home. Commuting approximately 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 Fort Greene.
Market Report

Market Data

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