Compared to the rest of the New York City market, the South Slope submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 3 listings have come on the market, which means leases might be going fast. You'll want to be prepared to make an offer immediately. 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 5,050 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this region were built in 1920.
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 market. Commute by public transit is the most popular way to get to work amongst South Slope occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.