Most listings are in the $80's per square foot per year. The Gravesend submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $51 per sqft per year. That's a 144% increase in rent.
Compared to the rest of the New York City market, the Gravesend region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 3 listings have been made available, which means new availabilities might be 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 available, so finding a space for a small business might be tough.
Even though the median size is 5,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 1931 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Most of the folk of Gravesend work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.