Bushwick Retail

Bushwick

Office Space Market Report

Number of Listings (last 90 days)
47
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
1,200
As of: June 23, 2017

Bushwick Rates

Most listings are in the $30's per square foot per year. The Bushwick submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $33 per sqft per year.

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

Bushwick Listing Supply

In the last 90 days, 47 listings have come on the market, so you'll want to check back regularly for new listings. About 43% of the listings in the Bushwick are subleases, so you might be able to find a shorter term or below market rent. 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 approximately 2 stories. Most buildings in this market were built in 1931 and are Class B.

Bushwick Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Bushwick occupants. Commuting between 30 and 45 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 Bushwick.
Market Report

Market Data

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