Prospect Park Sublease

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Prospect Park

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
3,130
As of: December 10, 2016

Prospect Park Rates

The typical asking rate per listing is in the $10's per square foot per year. The Prospect Park region is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 8% rise in rent.

Prospect Park Listing Supply

In the last 90 days, 5 listings have been made available, which means spaces 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.

Even though the median size is 3,130 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 1 stories. Most buildings in this region were built in 1972.

Prospect Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Prospect Park 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.

Market Report

Trends and status of the commercial real estate market in Prospect Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Prospect Park.
Research