Flatlands Office Space

Flatlands

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$41
Median Size (sqft)
2,100
As of: February 24, 2017

Flatlands Rates

On average, listings lease in the $40's per square foot per year. The Flatlands region is going through a an increase in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 24% rise in rent.

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

Flatlands Listing Supply

In the last 90 days, 3 listings have come on the market, which means leases most likley are 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 properties in this area are around 1 floors. Most buildings in this region were built in 1963 and are Class A.

Flatlands Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Flatlands occupants. Commuting around 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 Flatlands.
Market Report

Market Data

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