Southeastern Brooklyn Retail

Southeastern Brooklyn

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
2,200
As of: July 27, 2017

Southeastern Brooklyn Rates

On average, listings lease in the $40's per square foot per year. The Southeastern Brooklyn submarket is going through a an increase in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 28% rise in rent.

Compared to the rest of the New York City market, the Southeastern Brooklyn submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Southeastern Brooklyn Listing Supply

In the last 90 days, 5 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 140% of the office spaces in the Southeastern Brooklyn are subleases, so you might be able to find a shorter term or below market rent. 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 2,200 sqft. Most properties in this area are close to 1 floors. Most buildings in this market were built in 1941 and are Class A.

Southeastern Brooklyn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Southeastern Brooklyn residents. Commuting between 30 and 45 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 Southeastern Brooklyn.
Market Report

Market Data

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