Most listings are in the $30's per square foot per year. The Flatlands submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 39% rise in rent.
Compared to the rest of the New York City market, the Flatlands submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 4 listings have come on the market, which means leases most likley are leasing quickly. 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.
Even though the median size is 7,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this area were built in 1963 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Flatlands residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.