Crown Heights Sublease

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Crown Heights

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

Crown Heights Rates

The typical asking rate per listing is in the $50's per square foot per year. The Crown Heights region 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 16% increase in rent.

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

Crown Heights Listing Supply

In the last 90 days, 10 listings have come on the market, which means spaces might be going fast. 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.

The standard measurement for office space in this area is around 1,150 sqft. Most properties in this market are around 3 stories. Most buildings in this area were built in 1923 and are Class C.

Crown Heights Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Crown Heights residents. Commuting between 30 and 45 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 Crown Heights.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Crown Heights.