Compared to the rest of the New York City market, the DUMBO submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 99 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the available space in the DUMBO are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,740 sqft. Most buildings in this market are around 9 stories. Most buildings in this market were built in 1912 and are Class C.
A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst DUMBO 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.