Park Slope Sublease

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Park Slope

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
5,050
As of: August 21, 2017

Park Slope Rates

Most listings are in the $30's per square foot per year. The Park Slope region is experiencing a decline in rates. In the last 3 months, the median rate decreased $25 per sqft per year. That's a 43% decline in rent.

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

Park Slope Listing Supply

In the last 90 days, 12 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 42% of the available space in the Park Slope are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 5,050 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this region were built in 1920 and are Class B.

Park Slope Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Park Slope residents. Commuting around 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 Park Slope.
Market Report

Market Data

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