Eastern Brooklyn Office Space

Eastern Brooklyn

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
32,660
As of: January 23, 2017

Eastern Brooklyn Rates

The typical asking rate per listing is in the $40's per square foot per year. The Eastern Brooklyn submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $46 per sqft per year.

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

Eastern Brooklyn Listing Supply

In the last 90 days, 5 listings have been made available, which means office spaces might be going fast. 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.

Even though the median size is 32,660 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built in 1930 and are Class A.

Eastern Brooklyn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Eastern Brooklyn residents. Commuting between 20 and 25 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 Eastern Brooklyn.
Market Report

Market Data

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