Compared to the rest of the New York City market, the Gravesend region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 3 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 100% of the available space in the Gravesend are subleases, so you might be able to snag a great spot on a short term. 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 5,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1931 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Most of the residents of Gravesend work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.