Fort Greene Sublease

Fort Greene

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$77
Median Size (sqft)
26,970
As of: June 22, 2017

Fort Greene Rates

Most listings are in the $70's per square foot per year. The Fort Greene region is going through a an increase in rates. In the last 3 months, the median rate rose $77 per sqft per year.

Compared to the rest of the New York City market, the Fort Greene submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Fort Greene Listing Supply

In the last 90 days, 1 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 1,100% of the office spaces in the Fort Greene are subleases, so you might be able to find a shorter term or below market rent. 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 26,970 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 6 floors. Most buildings in this region were built in 1969 and are Class A.

Fort Greene 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 region. Most of the occupants of Fort Greene work from home. Commuting around 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 Fort Greene.
Market Report

Market Data

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