On average, listings lease in the $30's per square foot per year. The South Brooklyn submarket is seeing a decline in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 18% decline in rent.
Compared to the rest of the New York City market, the South Brooklyn region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 100 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the office spaces in the South Brooklyn are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,640 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 3 floors. Most buildings in this area were built in 1931 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Most of the residents of South Brooklyn work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.