Northwestern Brooklyn Industrial

Northwestern Brooklyn

Office Space Market Report

Number of Listings (last 90 days)
105
Median Rate ($/sqft/yr)
$59
Median Size (sqft)
2,630
As of: December 7, 2016

Northwestern Brooklyn Rates

Most listings are in the $50's per square foot per year. The Northwestern Brooklyn submarket is going through a a boost in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 0% increase in rent.

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

Northwestern Brooklyn Listing Supply

In the last 90 days, 105 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available leases in the Northwestern Brooklyn are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,630 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 5 stories. Most buildings in this area were built in 1928 and are Class A.

Northwestern 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 market. Commute by car is the most popular way to get to work amongst Northwestern Brooklyn residents. Commuting under 5 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 Northwestern Brooklyn.
Market Report

Market Data

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