Bedford-Stuyvesant Sublease

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Bedford-Stuyvesant

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$106
Median Size (sqft)
300
As of: July 19, 2017

Bedford-Stuyvesant Rates

On average, listings lease in the $100's per square foot per year. The Bedford-Stuyvesant submarket is going through a a rise in rates. In the last 3 months, the median rate rose $39 per sqft per year. That's a 58% increase in rent.

Compared to the rest of the New York City market, the Bedford-Stuyvesant region has greater rates, and you'll need to make a great offer to be in this hot submarket.

Bedford-Stuyvesant Listing Supply

In the last 90 days, 11 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 127% of the available space in the Bedford-Stuyvesant 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 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 300 sqft. Most properties in this region are around 3 stories. Most buildings in this region were built in 1916 and are Class C.

Bedford-Stuyvesant Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Bedford-Stuyvesant folk. Commuting under 5 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 Bedford-Stuyvesant.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Bedford-Stuyvesant.
Research