Prospect Park Office Space

Prospect Park

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 23, 2016

Prospect Park Rates

The typical asking rate per listing is in the $10's per square foot per year. The Prospect Park region is going through a an increase in rates. In the last 3 months, the median rate went up $17 per sqft per year. That's a Inf% rise in rent.

Prospect Park Listing Supply

In the last 90 days, 19 listings have come on the market, which means new availabilities 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 1,850 sqft. Most buildings in this market are close to 1 floors. Most buildings in this area were built in 1977.

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 area. Commute by walking is the most popular way to get to work amongst Prospect Park folk. 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.