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.
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.
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.