Southwestern Brooklyn Office Space

Southwestern Brooklyn

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
6,000
As of: December 8, 2016

Southwestern Brooklyn Rates

Most listings are in the $40's per square foot per year. The Southwestern Brooklyn submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 17% rise in rent.

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

Southwestern Brooklyn Listing Supply

In the last 90 days, 20 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 6,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 3 floors. Most buildings in this area were built in 1931 and are Class A.

Southwestern Brooklyn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Southwestern Brooklyn occupants. Commuting more than an hour and a half 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 Southwestern Brooklyn.
Market Report

Market Data

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