Most listings are in the $20's per square foot per year. The East New York region is going through a a rise in rates. In the last 3 months, the median rate rose $29 per sqft per year.
Compared to the rest of the New York City market, the East New York submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 2 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 600% of the available leases in the East New York are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 20,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this area were built in 1930 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst East New York residents. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.