Most listings are in the $70's per square foot per year. The Flatbush region is experiencing a a rise in rates. In the last 3 months, the median rate increased $73 per sqft per year.
Compared to the rest of the New York City market, the Flatbush submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 21 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 90% of the available space in the Flatbush 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.
Even though the median size is 3,400 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this region 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. Wholesale trade is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Flatbush residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.