Greenpoint Office Space

Greenpoint

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
1,800
As of: June 24, 2017

Greenpoint Rates

Most listings are in the $40's per square foot per year. The Greenpoint region is going through a a boost in rates. In the last 3 months, the median rate went up $48 per sqft per year.

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

Greenpoint Listing Supply

In the last 90 days, 13 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 131% of the listings in the Greenpoint are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,800 sqft. Most properties in this area are close to 3 floors. Most buildings in this region were built in 1931 and are Class C.

Greenpoint Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Greenpoint residents. 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 Greenpoint.
Market Report

Market Data

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