On average, listings lease in the $0's per square foot per year. The East Flatbush region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $46 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 4 listings have been listed, 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 700 sqft. Most properties in this region are around 2 floors. Most buildings in this area 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 approximately an hour a day is the norm for those who opt to reside in this part of town.