The typical asking rate per listing is in the $40's per square foot per year. The East Flatbush submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the New York City market, the East Flatbush submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 6 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,250 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1950 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst East Flatbush residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.