Compared to the rest of the New York City market, the Gravesend submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 3 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. About 67% of the available leases in the Gravesend are subleases, so you might be able to find a shorter term or below market rent. 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 new availabilities below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region 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 approximately 10 minutes a day is the norm for those who opt to reside in this part of town.