Park Slope Industrial

Park Slope

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$58
Median Size (sqft)
660
As of: June 24, 2017

Park Slope Rates

The typical asking rate per listing is in the $50's per square foot per year. The Park Slope region is seeing a a rise in rates. In the last 3 months, the median rate rose $58 per sqft per year.

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 region.

Park Slope Listing Supply

In the last 90 days, 12 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 108% of the available leases in the Park Slope 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.

The standard measurement for office space in this area is around 660 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this market were built in 1920 and are Class B.

Park Slope Community

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 market. Commute by bike is the most popular way to get to work amongst Park Slope folk. Commuting approximately an hour 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 Park Slope.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Park Slope.
Research