Most listings are in the $80's per square foot per year. The South Slope submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 6% rise in rent.
Compared to the rest of the New York City market, the South Slope submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 4 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 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 approximately 3 floors. Most buildings in this market were built in 1920.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst South Slope occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.