Most listings are in the $60's per square foot per year. The Bedford-Stuyvesant submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 0% decrease in rent.
Compared to the rest of the New York City market, the Bedford-Stuyvesant submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 17 listings have been posted online, which means leases might be leasing quickly. 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 2,100 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this region were built in 1910 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Bedford-Stuyvesant folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.