For Sale
Brooklyn, NY
Commercial Real Estate Market Trends & Data
$672 per SF
Avg asking sale price
$53 per SF
Avg asking lease rate
9,537 SF
Avg unit lease size
14,429 SF
Avg building size for sale
6.65%
Average cap rate
Brooklyn's Demographic Profile
Brooklyn has 921,749 households and a median income of $70,259, providing context for rent absorption and tenant demand across retail and multifamily assets. A -6% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 2,504,149 |
| # Households | 921,749 |
| Median age | 38 |
| Median household income | $70,259 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 689,198 |
| 5-year population change | -6% |
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| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Brooklyn | $592 | 9,724 SF | 8.02% |
| Jamaica | $537 | 9,661 SF | 9.64% |
| New York | $727 | 10,593 SF | 11.72% |
| Ridgewood | $477 | 21,904 SF | 9.39% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Brooklyn | $644 | 14,988 SF | 11.47% |
| Jamaica | $459 | 20,549 SF | 6.45% |
| New York | $587 | 18,475 SF | 11.47% |
| Glendale | $566 | 20,970 SF | 6.45% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Brooklyn | $772 | 8,254 SF |
| Brooklyn Navy Yard | $371 | 4,565 SF |
| Jamaica | $659 | 9,703 SF |
| New York | $835 | 10,218 SF |
| Ridgewood | $594 | 5,897 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Brooklyn | $567 | 18,251 SF | 11.62% |
| Brooklyn Navy Yard | $315 | 53,484 SF | 6.47% |
| Jamaica | $514 | 10,415 SF | 11.62% |
| New York | $667 | 19,902 SF | 14.28% |
| Ridgewood | $544 | 26,204 SF | 14.28% |
Commercial Properties For Sale in Brooklyn
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Brooklyn pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Brooklyn | $672 | 14,429 SF |
| Brooklyn Navy Yard | $299 | 38,216 SF |
| Jamaica | $586 | 13,044 SF |
| New York | $715 | 17,114 SF |
| Ridgewood | $644 | 21,276 SF |
Multifamily Properties For Sale in Brooklyn
For Sale
Regional Demographic Comparison
This comparison places Brooklyn alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Brooklyn or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Brooklyn | 2,504,149 | 921,749 | 38 | $70,259 | 3 | 689,198 | -6% |
| Brooklyn Navy Yard | 47 | 21 | 38 | $199,999 | 2 | 15 | 6% |
| Jamaica | 682,095 | 213,532 | 42 | $79,322 | 3 | 106,710 | -8% |
| New York | 8,039,608 | 3,070,483 | 39 | $71,116 | 3 | 2,173,137 | -7% |
| Ridgewood | 56,238 | 20,233 | 37 | $73,742 | 3 | 16,605 | -9% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Brooklyn, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Brooklyn
View All Commercial Real Estate For Sale in Brooklyn
Is Brooklyn a good market for a first-time commercial real estate investor?
Brooklyn offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in Brooklyn?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Brooklyn. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in Brooklyn?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Brooklyn. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Brooklyn compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Brooklyn. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for Brooklyn acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Brooklyn, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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