Gravesend Retail

Gravesend

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
2,000
As of: March 30, 2017

Gravesend Rates

The typical asking rate per listing is in the $30's per square foot per year. The Gravesend region is seeing a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 13% decrease in rent.

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

Gravesend Listing Supply

In the last 90 days, 3 listings have been made available, which means office spaces are probably 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,200 sqft. Most buildings in this region are around 2 stories. Most buildings in this region were built in 1931 and are Class A.

Gravesend Community

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 market. Most of the folk of Gravesend work from home. Commuting close to 10 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 Gravesend.
Market Report

Market Data

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