Brooklyn is a prime location for commercial real estate (CRE) investing, supported by its strong infrastructure, strategic location, and diverse economy. The borough's transportation network, which includes bridges and tunnels to Manhattan, provides easy access and is essential for businesses. Brooklyn's large population and economy, covering technology, services, and manufacturing sectors, create an excellent environment for CRE investing. The range of educational institutions in Brooklyn not only supplies a continuous flow of talent but also adds to the borough's cultural vibrancy. Its urban and waterfront geography presents special opportunities for commercial projects appealing to various businesses and consumers.
Commercial Real Estate listings in Brooklyn, NY, showcase the borough's lively economy and varied community. These properties gain from Brooklyn's extensive transport network and closeness to Manhattan, making them attractive to businesses and investors. Industrial Properties in Brooklyn utilize the borough’s strong manufacturing background and logistics capabilities, fitting for both traditional and new industries. Apartment Buildings respond to the borough's large and varied population, providing residential investment chances in different neighborhoods. Office Space listings are plentiful, showing Brooklyn’s importance as a center for startups and established companies. Hotels benefit from Brooklyn’s increasing tourism and business travel, encouraged by its cultural sites and business events. If you're an ivestor looking for a "like-kind" property for a 1031 exchange, Brooklyn has commercial real estate listings that could suit your needs.
How many commercial real estate listings are available for sale in Brooklyn?
There are currently 618 commercial real estate listings available for sale in Brooklyn.
What factors should I consider when searching for Commercial Real Estate for Sale in Brooklyn?
When evaluating Commercial Real Estate for Sale in Brooklyn, it's crucial to consider various elements that impact its potential for success.
- The economic landscape of Brooklyn, with a transition from manufacturing to a service-based and technology-driven economy, influences the demand and value of commercial properties.
- Proximity to key infrastructure like the Brooklyn Navy Yard, bridges, and tunnel connections to Manhattan enhances accessibility and attractiveness to businesses.
How much does it cost to buy commercial real estate in Brooklyn?
The cost of purchasing commercial real estate in Brooklyn varies, reflecting current market conditions and inventory. The average price per square foot is approximately $1,329, with an average size of 13,301 SF.
What is the largest commercial real estate available to buy in Brooklyn?
The largest commercial real estate listing available in Brooklyn spans 310,000 SF.
Why is Brooklyn an ideal location for commercial real estate for sale?
Brooklyn's comprehensive transportation system, diverse economy, and rich cultural amenities make it an attractive location for the 618 commercial real estate listings currently available.
Size Summary For Brooklyn Commercial Real Estate
| Commercial Real Estate Size | Square Feet |
| Maximum | 310,000 SF |
| Average | 13,301 SF |
| Minimum | 1 SF |
Cap Rate for Brooklyn Commercial Real Estate
| Commercial Real Estate Cap Rate | Cap Rate Percentage |
| Maximum | 24.25% |
| Average | 6.36% |
| Minimum | 3.25% |
What is a cap rate in commercial real estate? Prices for Brooklyn Commercial Real Estate
| Commercial Real Estate Price | Price Per SF |
| Maximum | $545,000 Per SF |
| Average | $1,329 Per SF |
| Minimum | $17 Per SF |
