Southwestern Brooklyn Retail

Southwestern Brooklyn

Office Space Market Report

Number of Listings (last 90 days)
31
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
900
As of: August 17, 2017

Southwestern Brooklyn Rates

On average, listings lease in the $40's per square foot per year. The Southwestern Brooklyn submarket is going through a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 17% increase in rent.

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

Southwestern Brooklyn Listing Supply

In the last 90 days, 31 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 23% of the available space in the Southwestern Brooklyn are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 900 sqft. Most properties in this region are approximately 3 stories. Most buildings in this area were built in 1931 and are Class A.

Southwestern Brooklyn Community

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 area. Commute by public transit is the most popular way to get to work amongst Southwestern Brooklyn residents. Commuting more than an hour and a half 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 Southwestern Brooklyn.
Market Report

Market Data

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