Most listings are in the $30's per square foot per year. The Southwestern Brooklyn submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 17% decline in rent.
Compared to the rest of the New York City market, the Southwestern Brooklyn submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 20 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this region are around 3 floors. Most buildings in this region 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. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Southwestern Brooklyn occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.