DUMBO Office Space

DUMBO

Office Space Market Report

Number of Listings (last 90 days)
78
Median Rate ($/sqft/yr)
$59
Median Size (sqft)
1,810
As of: January 23, 2017

DUMBO Rates

Compared to the rest of the New York City market, the DUMBO region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

DUMBO Listing Supply

In the last 90 days, 78 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the listings in the DUMBO are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,810 sqft. Most properties in this area are approximately 12 stories. Most buildings in this region were built in 1925 and are Class C.

DUMBO Community

A large portion of this region is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst DUMBO 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 DUMBO.
Market Report

Market Data

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