Compared to the rest of the New York City market, the Borough Park region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 3 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,400 sqft. Most properties in this market are approximately 3 floors. Most buildings in this market were built in 1931.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Borough Park occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.