Flatbush Sublease

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Flatbush

Office Space Market Report

Number of Listings (last 90 days)
21
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
3,400
As of: May 22, 2017

Flatbush Rates

Most listings are in the $50's per square foot per year. The Flatbush region is going through a a boost in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 9% increase in rent.

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

Flatbush Listing Supply

In the last 90 days, 21 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,400 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this region were built in 1931 and are Class A.

Flatbush Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Flatbush residents. Commuting between 30 and 45 minutes 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 Flatbush.
Market Report

Market Data

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