Most listings are in the $50's per square foot per year. The Downtown Brooklyn region is seeing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 6% rise in rent.
Compared to the rest of the New York City market, the Downtown Brooklyn region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 29 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 7% of the listings in the Downtown Brooklyn are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 10,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 5 stories. Most buildings in this market were built in 1950 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown Brooklyn occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.