On average, listings lease in the $40's per square foot per year. The Flatbush region is experiencing a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 14% increase in rent.
Compared to the rest of the New York City market, the Flatbush region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 17 listings have been made available, which means office spaces most likley are leasing quickly. 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 1,500 sqft. Most properties in this market are approximately 3 stories. 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 area. Commute by bike is the most popular way to get to work amongst Flatbush folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.