Southwestern Brooklyn Office Space

Southwestern Brooklyn

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

Southwestern Brooklyn Rates

On average, listings lease in the $30's per square foot per year. The Southwestern Brooklyn submarket is going through a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 14% decline in rent.

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

Southwestern Brooklyn Listing Supply

In the last 90 days, 7 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. 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 2,750 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this region 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 market. 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.