Southeastern Brooklyn Office Space

Southeastern Brooklyn

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
7,000
As of: June 25, 2017

Southeastern Brooklyn Rates

On average, listings lease in the $40's per square foot per year. The Southeastern Brooklyn region is experiencing a an increase in rates. In the last 3 months, the median rate rose $42 per sqft per year.

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

Southeastern Brooklyn Listing Supply

In the last 90 days, 5 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 140% of the office spaces in the Southeastern Brooklyn are subleases, so you might be able to snag a great spot on a short term. 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 7,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this market were built in 1941 and are Class A.

Southeastern Brooklyn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Southeastern Brooklyn occupants. 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 Southeastern Brooklyn.
Market Report

Market Data

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