DUMBO Sublease

202 Plymouth St Unit Suite-B (Floor 1)
DUMBO, New York City, NY
NOW AVAILABLE in the heart of DUMBO! Located on a cobblestone street, in the heart of Dumbo, in a Converted Industrial Loft Building, lays an opportunity for your new creative space/office. Congratulations --- your search ends here! The former tenant just moved their company to North Carolina, providing a brilliant opportunity for a new start-up, or any company for that matter, hitting the commercial market, looking for immaculate space. Gigantic Lofted Picture Windows, Original Hardwood Floors, 22-foot+/- Soaring High Ceilings, Incomparable Natural Light, and a shared space with a hip and awesome company are just some of the reasons why this is an amazing space to rent! This is a shared space with JUNIPER JONES (Stories with Style), a Hybrid Creative Agency & Video Production Company. The incoming tenant will be renting 1,752-square-feet+/- of this open commercial loft, which includes 2 offices within the space, a portion of the Great Room, use of the Duplex Loft, use of a Free Room/Edit Bay/Mixing Room/Client Room, and Renovated Kitchen. The rent and bills for this Dumbo commercial loft space is divided 40% / 60%, with the production company taking the 60% portion. This includes both how rent is divided and bills (trash service is 50/50). Rent is $4,704 per month, for the incoming tenant. Bills (ConEd, National Grid, TWC, Poland Springs, ADT alarms, etc) ends up bring about $1,000 or less every month. Amazon kitchen supplies and food orders are also divided 40/60. Services included in the space that can be shared: kitchen access, ping pong table, dart board, edit bay, conference area. This is a sublease. If interested, please just send me an email, shoot me a text message, or give me a ring on my cell, and I will take you for a viewing to see if it's the right fit!


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 23, 2016


On average, listings lease in the $50's per square foot per year. The DUMBO region is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 4% decline in rent.

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

DUMBO Listing Supply

In the last 90 days, 71 listings have been made available, so you'll want to check back regularly for new listings. About 1% of the available space in the DUMBO 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,750 sqft. Most properties in this region are approximately 10 stories. Most buildings in this area were built in 1925 and are Class C.

DUMBO Community

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 folk. Commuting more than an hour and a half 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 DUMBO.
Market Report

Market Data

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