Question for landlord and others re: commercial space
old time brooklyn
What's the average price per square foot in Park Slope/Prospect Heights? Interested in Vanderbilt, 7th Avenue North, 7th Avenue South, 6th Avenue South, 5th Avenue North, 5th Avenue South?
Any info would be appreciated.
Any info would be appreciated.
Comments
-
landlordI am not familiar with prospect heights but on 7th north you are looking at around $80-$100 per sq foot (down from >$100). Prime 5th runs around $70-$80 per sq foot.
You can get a good deal in the south side where prices would be around $50/sq foot.
what kind of business are you looking to open? -
old time brooklynThanks for the info. Is 6th avenue less or in that $50/sq. foot range?
I'll generalize and say cafe. -
landlordI am not that familiar with commercial on 6th but I would think it was cheaper since its not a commercial area. If i was in the market for a commercial space and one was available on 6th for 50/sq foot i would get that over 7th or 5th....as long as its not on the south side. -
old time brooklynMuch appreciated, ll. Have a good holiday. -
matthurstI would consider using this maping application to try specing things out http://envisioningdevelopment.net/map . To be fair, we make far less than many of our neighbors in the South Slope.
MOD NOTE: fixed your link -- that site is awesome! -
xlizellxin regards to the link, i think it's awesome, but the areas are way too big to be too meaningful. Utica versus Vanderbilt is going to be a big difference... -
old time brooklynSo I never really got this off the ground --- landlord --- are prices generally the same now? What about this nonsense that Brooklyn doesn't use the price per square foot calculation -- some landlord told me that, someone who was asking around 150/square foot. He told me that was Manhattan only. Which I laughed at (internally). You have to be able to equate space to space, borough to borough. -
squindarThat site is cool. If you want income levels for a smaller area you can see it on factfinder.census.gov -- search for a zip code, then look for median household income level in the output list, then click on the map link -- but the data is stale (the most detailed data is from 1999)
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