Williamsburg Office Space

Williamsburg

Office Space Market Report

Number of Listings (last 90 days)
48
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
2,300
As of: December 4, 2016

Williamsburg Rates

On average, listings lease in the $40's per square foot per year. The Williamsburg region is seeing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 12% decline in rent.

Compared to the rest of the New York City market, the Williamsburg submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Williamsburg Listing Supply

In the last 90 days, 48 listings have been listed, 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 2,300 sqft. Most buildings in this market are around 3 floors. Most buildings in this area were built in 1931 and are Class A.

Williamsburg Community

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 area. 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.

Market Report

Trends and status of the commercial real estate market in Williamsburg.
Market Report

Market Data

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