Highlights
- The average rent for office space in Brooklyn is $35.75 per square foot, 22.29% lower compared to the previous year.
- The market’s vacancy rate stands at 17.53%, lower than the state average of New York, which is 18.11%.
- Renting Class A/A+ office space here costs $22.89 per square foot, while Class B averages $44.06 and Class C stands at $37.31.
- 112,000 square feet is currently under construction.
2025 Office Space Rent & Sales
- $35.75 2025 Avg. Asking Rent
- -22.29% Y-o-Y Avg. Asking Rent Change
- 17.53% 2025 Office Vacancy Rate
- $342.6M2025 Total Office Sales
- $302.02Avg. Sale Price/SF
What is the average asking rent price for office space in Brooklyn?
Average asking rents for office space here stand at $35.75 per square foot. The local office market recorded an average vacancy rate of 17.53% in 2025, unchanged from 17.53% in 2024.
Office transactions in the local market in 2025 totaled a sales volume of $342.6M across 9 sales. These transactions commanded an average sale price per square foot of $302.02.
Brooklyn, NY Office Asking Rents by Class
What is the average office rent per square foot by property class in Brooklyn?
- Avg. Asking Rent Class A & A+$22.89
- Avg. Asking Rent Class B$44.06
- Avg. Asking Rent Class C$37.31
The average asking rent for Class A and A+ office space stood at $22.89 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Brooklyn averaged $44.06 per square foot, while the average for Class C space was $37.31 per square foot.
What is the average office rent per square foot by property class in NY?
- Avg. Asking Rent Class A & A+$55.44
- Avg. Asking Rent Class B$43.40
- Avg. Asking Rent Class C$32.95
For comparison, the average rent for Class A and A+ office space in New York was $55.44 per square foot. The state-wide average for Class B space was $43.40 per square foot, and Class C office spaces averaged $32.95 per square foot.
Brooklyn, NY Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Brooklyn Heights | $60.04 | 33.98% |
| Dumbo - Vinegar Hill | $53.18 | 21.06% |
| Central and Southern Brooklyn | $53.07 | 19.32% |
| Navy Yard - Fort Greene - Clinton Hill | $49.25 | 26.36% |
| Red Hook - Carroll Gardens - Gowanus | $43.78 | 30.79% |
| Coney Island - Brighton Beach | $40.00 | 3.82% |
| Bay Ridge - Sunset Park | $38.55 | 3.41% |
| Crown Heights - Central Brooklyn | $35.00 | 9.39% |
| Downtown Brooklyn | $34.46 | 19.70% |
| Williamsburg - Greenpoint | $19.48 | 28.52% |
2025 Office Sales Volume
- $302.022025 Avg. Price per SF
- -30.90%Y-o-Y Avg. PpSF Change
- $342.6M2025 Office Sales Volume
- 92025 Number of Transactions
What is the average sale price per square foot for office space in Brooklyn?
Average sale prices for office space in this market recorded a -30.90% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $302.02 per square foot. For comparison, the statewide New York average during the same time period stood at $395.22 per square foot, while the national average was $182.48 per square foot.
Brooklyn, NY Sale Price per SF Trend
- Brooklyn Avg. Sale Price per SF in 2025$302.02
- New York Avg. Sale Price per SF in 2025$395.22
What was the total office sales volume in Brooklyn in 2025?
The local office market recorded 9 deals in 2025, adding up to a yearly sales volume of $342.6M.
- Brooklyn, NY Total Office Sales Volume in 2025 $342.6M
- Brooklyn, NY Total Number of Office Sales Closed in 2025 9
2025 Office Construction in Brooklyn, NY
- Brooklyn, NY Total SF completed in 2025 398,842
- Brooklyn, NY Total SF under construction in 2026 112,000
How much office space was built in Brooklyn in 2025?
Looking forward, development activity in 2026 is estimated to add 112,000 square feet of office space to the market in total.
What are the largest recent office completions in Brooklyn?
The largest recent office completion here is 1508 Coney Island Avenue at 163,000 square feet, completed in 2026. The next largest completions are 12069 Flatlands Avenue | East New York Innovative Urban Village and 1555 60th Street.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 1508 Coney Island Avenue | 1508 Coney Island Avenue, 11230 | 163,000 | 2026 |
| 272 4th Avenue | 272 4th Avenue, 11215 | 19,192 | 2026 |
| 329 Clarkson Avenue | 329 Clarkson Avenue, 11226 | 15,861 | 2026 |
| 12069 Flatlands Avenue | East New York Innovative Urban Village | 12020 Flatlands Avenue, 11207 | 128,000 | 2025 |
| 709 Franklin Avenue | 709 Franklin Avenue, 11238 | 8,450 | 2025 |
| 67 Taaffe Place | 67 Taaffe Place , 11205 | 6,375 | 2025 |
| 1555 60th Street | 1555 60th Street, 11219 | 44,826 | 2024 |
| 2 Bushwick Avenue | 2 Bushwick Avenue, 11211 | 25,000 | 2024 |
| 206 Ditmas Avenue | 206 Ditmas Avenue, 11218 | 21,400 | 2024 |
| 1940 Shore Parkway | 1940 Shore Parkway, 11214 | 21,000 | 2024 |
See reports for other markets
- Manhattan Office Rent Price
- Albany Office Rent Price
- Buffalo Office Rent Price
- Melville Office Rent Price
- White Plains Office Rent Price
- Hauppauge Office Rent Price
- Rochester Office Rent Price
- Philadelphia Office Rent Price
- Stamford Office Rent Price
- Princeton Office Rent Price
- Jersey City Office Rent Price
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- San Diego Office Rent Price
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- Miami Office Rent Price
Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.