Prospect Park Office Space

Prospect Park

Office Space Market Report

Number of Listings (last 90 days)
7
As of: April 24, 2017

Prospect Park Rates

Most listings are in the $0's per square foot per year. The Prospect Park submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $17 per sqft per year. That's a 100% decline in rent.

Prospect Park Listing Supply

In the last 90 days, 7 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around  sqft. Most buildings in this area are approximately 1 floors. Most buildings in this area were built in 1979 and are Class A.

Prospect Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Prospect Park residents. Commuting more than an hour and a half 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 Prospect Park.
Market Report

Market Data

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