Southern Brooklyn Retail

Southern Brooklyn

Office Space Market Report

Number of Listings (last 90 days)
49
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
3,000
As of: June 24, 2017

Southern Brooklyn Rates

Most listings are in the $40's per square foot per year. The Southern Brooklyn submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $46 per sqft per year.

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

Southern Brooklyn Listing Supply

In the last 90 days, 49 listings have been posted online, so you'll want to check back regularly for new listings. About 69% of the office spaces in the Southern Brooklyn are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1931 and are Class A.

Southern Brooklyn Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Southern Brooklyn folk. Commuting between 20 and 25 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 Southern Brooklyn.
Market Report

Market Data

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