Frequently Asked Questions
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Asking prices vary based on the property location, rating, amenities such as proximity to restaurants, cafes, and entertainment venues, as well as convenience of access to public transport, airports, and thoroughfares.
The average rent for office space in Brooklyn is $44.85 per square foot. The minimum rental rate for office space in Brooklyn is $2.47 per square foot. Among listings of office space currently available for lease in Brooklyn, the maximum rental rate is $117 per square foot.
The most common factor that influences cost of office space in any location is the property class rating. For example, Brooklyn office space rated Class A asks an average of $49.57 per square foot. Class B office space in Brooklyn costs $44.60 per square foot, on average. Listings of office space in Class C buildings asked an average of $45.23 per square foot.For more details on Brooklyn office space rent and sales prices, as well as overall market quality and new construction data, see Brooklyn Office Market Trends.
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Most experts recommend an average of between 75 and 150 square feet of office space per person. However, it is important to keep in mind that how much office space you ultimately need depends on your activity and how you need to use the space, as much as it does on how many people it should accommodate. If you already know what size office would best suit your needs, use the available space size filter at the top of the search page to focus your search on the best fit for you.
You’ll find a home for almost any size of business in Brooklyn, as the local office market offers a wide range of options. Office spaces currently on the market go up to as much as 100,000 square feet in size for an individual listing.
However, there is a variety of differently sized opportunities below that maximum. For your consideration, the median size of an office space for lease in Brooklyn is 3,100 square feet, and the average office space size here is 8,880 square feet.See AlsoAre You Exempt from the New York City Commercial Rent Tax?Are You Exempt from the New York City Commercial Rent Tax?Are You Exempt from the New York City Commercial Rent Tax?How Much Office Space Do You Really Need?NYC Flexible Office Space ReportCommercial Real Estate: How Much Rent Can I Afford? -
You can find 812 office listing(s) for lease in Brooklyn, which add up to a total of 6,116,293 square feet. Availability on the market includes a variety of office use types, such as General Office, Medical Office, Creative Office, Office Building, Creative.
The most common office use type currently available for lease in Brooklyn is General Office, which is offered in 298 or 36.56% of listings. The second-most frequent office use type listed here is Medical Office, which account for 23 or 2.82% of office space currently available. On the other end of the spectrum, the office use type least common among local listings is Flex Space, which is available in 1 listing(s).
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You can search 18 office sublease listing(s) in Brooklyn, which amount to a total of 220,410 square feet. Sublease opportunities on the market include General Office, Medical Office, Creative Office. The Brooklyn neighborhood or submarket with the most sublease listings available is Downtown Brooklyn.
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The best choice of neighborhood for your office space will greatly depend on the elements that are most relevant to your business and your employees. However, a good criterion to start with is to look at the areas of the city that have the highest concentration of office properties, as these areas are generally well connected to transit options and have a good degree of amenity availability.
In Brooklyn, the greatest concentration of office space for lease opportunities is in Downtown Brooklyn, Williamsburg, Bensonhurst.
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Each individual’s commuting experience will of course be different depending on a number of factors. Check the location description details for the office listings that catch your eye, to get an overview of walkability, access to public transport, the quality of infrastructure dedicated to biking commuters, as well as the proximity to parking facilities, fuel stations, and other essential amenities.
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The Brooklyn office market incorporates a mix of properties of various ages, ratings, construction grades, and other quality indicators. Roughly 28.08% of total office space listings in the city are in properties rated Class A. You will find the highest concentration of Class A office space in the Downtown Brooklyn neighborhood of Brooklyn. Class B office space accounts for 28.69% of spaces listed on the leasing market. The neighborhood with the most Class B office space is Downtown Brooklyn. Class C office space makes up 6.53% of office space available in Brooklyn.
Buildings completed in and since the year 2000 account for 25.78% of office properties in the city and incorporate a total of 17,955,003 square feet. About 3.4% of office space in Brooklyn is in buildings that have been renovated at least once since 2000.
Out of the office space listings currently available in Brooklyn, you can find 61 LEED-certified or LEED-proposed option(s). A total of 7 building(s) here earned a LEED-certification — certification levelPlatinum (1), Gold (3), Silver (2). The local market includes 3 LEED-proposed office building(s) awaiting certification in Brooklyn.
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There are, of course, a lot of things to factor in when you are looking for office space. Aspects including the accessibility of the location, the quality of the facility, the size of the space, the convenience of nearby amenities, the type and duration of the lease, and of course the cost are all part of the search and decision process. For a quick checklist of what you should take into account when researching the market, consider these seven tips for choosing the best office location for your business. Alternatively, for a comprehensive take on everything to consider when looking for office space, see our in-depth guide to finding office space for small or growing companies. The guide also includes insights from seasoned professionals and can serve as a helpful resource for growing companies, no matter their current size.
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Are you looking to lease office space in the vicinity of your current location or in a particular neighborhood of Brooklyn? Using the interactive map, you can easily navigate to your preferred location and customize your search area around a specific point of interest. Select “Radius” from the Search Mode options menu, click on the map to set your search reference point, and expand the radius to select your desired search area. Browse available listings to find the best office space that meets your location, as well as other business needs.
Brooklyn, NY Office Market Overview
Sharing a border with Queens to the northeast and with direct access to Manhattan through several tunnels and bridges across the East River, Brooklyn is New York City’s most populous borough. The city also boasts a highly skilled labor force, serving as home to Brooklyn College and CUNY’s New York City College of Technology — the largest public college of technology in New York state — as well as SUNY Downstate College of Medicine, the oldest hospital-based medical school in the country.
Furthermore, the likes of crowdfunding platform Kickstarter, Vice Media and tech giant Google play a key role in driving the demand for office space in Brooklyn. There are currently 14 projects — totaling roughly 1.6 million square feet of office space — under construction in the borough. In fact, the 150,000 square-foot 1000 Dean St. was the largest office sale in Brooklyn in 2019, changing hands for $56 million.
The borough is serviced by approximately 170 stations of the New York City Subway system, a public bus network, the city-wide NYC Ferry, and three commuter rail stations: East New York, Nostrand Avenue and Atlantic Terminal.
