Gowanus Sublease

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Gowanus

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
4,000
As of: May 23, 2017

Gowanus Rates

The typical asking rate per listing is in the $40's per square foot per year. The Gowanus region is seeing a decline in rates. In the last 3 months, the median rate fell $17 per sqft per year. That's a 27% decline in rent.

Compared to the rest of the New York City market, the Gowanus region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Gowanus Listing Supply

In the last 90 days, 13 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,000 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1931 and are Class A.

Gowanus Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Gowanus folk. Commuting approximately an hour 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 Gowanus.
Market Report

Market Data

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