On average, listings lease in the $50's per square foot per year. The Williamsburg region is going through a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 14% increase in rent.
Compared to the rest of the New York City market, the Williamsburg submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 48 listings have been posted online, so you'll want to check back regularly for new listings. 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 1,200 sqft. Most buildings in this area are around 3 floors. Most buildings in this area 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. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Williamsburg occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.