On average, listings lease in the $70's per square foot per year. The Fort Greene submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $77 per sqft per year.
Compared to the rest of the New York City market, the Fort Greene submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 26,970 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 6 floors. Most buildings in this area were built in 1969 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 region. Most of the occupants of Fort Greene work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.