Brooklyn Office Space

Brooklyn

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
410
As of: June 26, 2017

Brooklyn Rates

Most listings are in the $20's per square foot per year. The Brooklyn submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $24 per sqft per year.

Compared to the rest of the Greater Portland market, the Brooklyn region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Brooklyn Listing Supply

In the last 90 days, 1 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 1,300% of the available leases in the Brooklyn are subleases, so you might be able to snag a great spot on a short term. 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 410 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 1972.

Brooklyn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Brooklyn residents. Commuting around 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 Brooklyn.
Market Report

Market Data

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