The typical asking rate per listing is in the $70's per square foot per year. The Prospect Lefferts Gardens region is going through a a rise in rates. In the last 3 months, the median rate rose $29 per sqft per year. That's a 67% increase in rent.
Compared to the rest of the New York City market, the Prospect Lefferts Gardens region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 44,410 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area 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. Utilities is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Prospect Lefferts Gardens folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.