Brooklyn, NY
Commercial Real Estate Market Trends & Data

$672 Avg asking sale price
$57 Avg asking lease rate
9,096 SF Avg unit lease size
13,801 SF Avg building size for sale
6.50% 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%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Brooklyn, NY

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Brooklyn $577 10,087 SF 10.92%
Jamaica $537 9,248 SF 9.64%
New York $739 17,566 SF 11.72%
Ridgewood $705 22,578 SF 9.39%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Brooklyn $624 14,740 SF 11.47%
Jamaica $546 17,818 SF 8.00%
New York $594 19,684 SF 11.47%
Glendale $531 19,297 SF 6.45%
Nearby Retail Markets Avg Cost/SF Typical Size
Brooklyn $756 8,216 SF
Brooklyn Navy Yard $371 4,565 SF
Jamaica $654 9,054 SF
New York $797 9,518 SF
Ridgewood $592 6,179 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Brooklyn $828 16,746 SF 9.37%
Brooklyn Navy Yard $227 53,484 SF 6.47%
Jamaica $483 8,326 SF 9.64%
New York $652 20,159 SF 13.57%
Ridgewood $552 27,278 SF 7.86%

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

712 3rd Ave

Brooklyn, NY 11232

  • 15,000 SF Flex Building
  • $5,900,000
For Sale

Brooklyn 4-Story 31-Unit Multifamily

Brooklyn, NY 11230

  • 22,600 SF Multifamily
  • 6.50% Cap Rate
  • $4,600,000
For Sale

190 Rockaway Ave

Brooklyn, NY 11233

  • 5,600 SF Multifamily
  • 5.33% Cap Rate
  • $1,400,000
For Sale

2809 Church Avenue

Brooklyn, NY 11226

  • 2,709 SF Office Building
  • $1,700,000
For Sale

1807 Kings Hwy

Brooklyn, NY 11229

  • 1,900 SF Retail Building
  • $1,500,000
For Sale

602 Henry St

Brooklyn, NY 11231

  • 4,236 SF Multifamily
  • $4,900,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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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 13,801 SF
Brooklyn Navy Yard $299 38,216 SF
Jamaica $576 12,156 SF
New York $700 18,715 SF
Ridgewood $647 22,628 SF

Multifamily Properties For Sale in Brooklyn

For Sale

Brooklyn 4-Story 31-Unit Multifamily

Brooklyn, NY 11230

  • 22,600 SF Multifamily
  • 6.50% Cap Rate
  • $4,600,000
For Sale

190 Rockaway Ave

Brooklyn, NY 11233

  • 5,600 SF Multifamily
  • 5.33% Cap Rate
  • $1,400,000
For Sale

602 Henry St

Brooklyn, NY 11231

  • 4,236 SF Multifamily
  • $4,900,000
For Sale

365 Midwood St

Brooklyn, NY 11225

  • 4,800 SF Multifamily
  • $1,350,000
For Sale

60 New York Ave

Brooklyn, NY 11216

  • 9,584 SF Multifamily
  • 7.30% Cap Rate
  • $4,650,000
For Sale

136 & 142 Irving Avenue

Brooklyn, NY

  • 7.40% Cap Rate
  • $4,200,000
For Sale

89 Luquer St

Brooklyn, NY 11231

  • 4,816 SF Multifamily
  • 4.50% Cap Rate
  • $3,500,000
For Sale

106 President St

Brooklyn, NY 11231

  • 3,556 SF Multifamily
  • 4.50% Cap Rate
  • $3,500,000

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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