The typical asking rate per listing is in the $30's per square foot per year. The Park Slope submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $22 per sqft per year. That's a 40% decline in rent.
Compared to the rest of the New York City market, the Park Slope submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 12 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Park Slope 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 5,050 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this region were built in 1920 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Park Slope occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.