Marine Park Retail

Marine Park

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Marine Park Rates

On average, listings lease in the $30's per square foot per year. The Marine Park region is experiencing a decline in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 24% decline in rent.

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

Marine Park Listing Supply

In the last 90 days, 4 listings have come on the market, which means new listings 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 posted, 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 region are around 1 floors. Most buildings in this market were built in 1936 and are Class A.

Marine Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Marine Park folk. Commuting close to 15 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 Marine Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Marine Park.