Borough Park Sublease

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Borough Park

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$95
Median Size (sqft)
16,000
As of: December 2, 2016

Borough Park Rates

Compared to the rest of the New York City market, the Borough Park submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Borough Park Listing Supply

In the last 90 days, 5 listings have been listed, 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 2,750 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this market were built in 1931.

Borough Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Borough Park residents. 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 Borough Park.
Market Report

Market Data

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