The typical asking rate per listing is in the $30's per square foot per year. The South Brooklyn region is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the New York City market, the South Brooklyn region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 100 listings have been posted online, so you'll want to check back regularly for new listings. About 52% of the available leases in the South Brooklyn 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 6,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 3 floors. Most buildings in this market were built in 1931 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Most of the occupants of South Brooklyn work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.