Brooklyn, OH
Commercial Real Estate Market Trends & Data

$144 Avg asking sale price
$11 Avg asking lease rate
41,639 SF Avg unit lease size
31,429 SF Avg building size for sale
10.96% Average cap rate

Brooklyn's Demographic Profile

Brooklyn has 4,883 households and a median income of $55,452, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 10,608
# Households 4,883
Median age 43
Median household income $55,452
Avg household size 2.0
Renter-occupied housing units 2,127
5-year population change -3%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Lakewood $123 45,397 SF 8.56%
Fairview Park $63 77,128 SF 9.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Brooklyn $125 13,727 SF
Parma Heights $2,714 1,500 SF
Parma $1,423 10,400 SF
Lakewood $224 9,834 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Brooklyn $98 6,505 SF 12.39%
Cleveland $80 21,578 SF 25.00%
Garfield Heights $77 10,042 SF 9.27%

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

Northern Boiler Co

Cleveland, OH 44102

  • 65,000 SF Industrial Building
  • $650,000
For Sale

3634 Bosworth Rd

Cleveland, OH 44111

  • 6,505 SF Multifamily
  • 12.39% Cap Rate
  • $640,000
For Sale

5 Self-Service Car Washes for Sale

Cleveland, OH

  • $5,999,600
For Sale

50 Doors | Residential Real Estate

  • 10.25% Cap Rate
  • $4,654,409
For Sale

Budget Engine

Brooklyn, OH 44144

  • 10,490 SF Industrial Building
  • $565,000
For Sale

5393 Pearl Rd

Parma, OH 44129

  • 2,000 SF Office Building
  • $349,000

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 $144 31,429 SF
Linndale $358 8,439 SF
Parma Heights $1,834 27,830 SF
Parma $784 21,795 SF
Lakewood $159 58,170 SF

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 10,608 4,883 43 $55,452 2 2,127 -3%
Linndale 121 46 38 $39,999 2 21 -2%
Parma Heights 19,721 9,096 43 $55,851 2 3,895 -3%
Parma 74,887 32,301 42 $62,843 2 9,638 -4%
Lakewood 48,013 24,875 38 $60,818 2 14,038 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Brooklyn, OH 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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