East Williamsburg Office Space

East Williamsburg

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

East Williamsburg Rates

Most listings are in the $50's per square foot per year. The East Williamsburg region is going through a an increase in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 22% increase in rent.

Compared to the rest of the New York City market, the East Williamsburg region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

East Williamsburg Listing Supply

In the last 90 days, 37 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,030 sqft. Most buildings in this market are around 3 floors. Most buildings in this area were built in 1931 and are Class C.

East Williamsburg 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 taxi is the most popular way to get to work amongst East Williamsburg folk. Commuting between 30 and 45 minutes 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 East Williamsburg.
Market Report

Market Data

Real time and historical data on commercial real estate listings in East Williamsburg.