The typical asking rate per listing is in the $30's per square foot per year. The Southwestern Brooklyn submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 17% decline in rent.
Compared to the rest of the New York City market, the Southwestern Brooklyn submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 21 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 2,500 sqft. Most properties in this region are close to 3 stories. Most buildings in this region were built in 1931 and are Class A.
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 area. Commute by public transit is the most popular way to get to work amongst Southwestern Brooklyn residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.