Flatbush Retail

Flatbush

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
2,500
As of: February 23, 2017

Flatbush Rates

The typical asking rate per listing is in the $40's per square foot per year. The Flatbush submarket is going through a decline in rates. In the last 3 months, the median rate fell $21 per sqft per year. That's a 31% decrease in rent.

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

Flatbush Listing Supply

In the last 90 days, 18 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most properties in this area are approximately 3 stories. Most buildings in this market were built in 1931 and are Class A.

Flatbush Community

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 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 Flatbush.
Market Report

Market Data

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