Gravesend Retail

Gravesend

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
1,200
As of: February 27, 2017

Gravesend Rates

The typical asking rate per listing is in the $30's per square foot per year. The Gravesend region is experiencing a a boost in rates. In the last 3 months, the median rate increased $36 per sqft per year.

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

Gravesend Listing Supply

In the last 90 days, 3 listings have been made available, which means new 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.

The standard measurement for office space in this area is around 1,200 sqft. Most buildings in this market are approximately 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 area. 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