NYC Office Price Index — August 2026
This is the first edition of the SquareFoot NYC Office Price Index: the median asking price for serviced office space, per person per month, by submarket — computed from every... Read More
6 ways to save $$$ on your office space.
Learn more >August 25, 2026 | by Tech Admin
Brooklyn is the best-value office market in New York right now, and it isn’t close: the median serviced office runs $500 per person per month — 25% under the citywide median and less than half of Chelsea. We track over 100 Brooklyn listings; here’s how the borough actually breaks down.
Dumbo. The design-and-tech quarter. The buildings tenants ask us about by name — 68 Jay Street, 20 Jay Street, 45 Main — are converted warehouses with the borough’s best light and its most competitive waitlists. Creative firms outnumber everyone else two to one.
Downtown Brooklyn / Brooklyn Heights. The practical choice: court-adjacent professional space along Court Street and Joralemon (26 Court Street and 16 Court Street are perennial requests), every subway line in the borough, and pricing that undercuts anything comparable across the river.
Williamsburg / Greenpoint. Smaller floor plates, ground-floor character spaces, and the shortest supply of the three — spaces here trade fastest and rarely sit listed for long.
A ten-person team at Brooklyn’s $500 median pays about $5,000/month. The same team at the Manhattan median ($666) pays $6,660 — and at Chelsea’s median, $11,060. Over a year, choosing Brooklyn over Chelsea funds two additional hires. If most of your team lives in Brooklyn anyway, the commute math compounds it.
Brooklyn inventory is thinner than Manhattan’s, and the good small spaces — sub-2,000 SF with real light — move in days. If you see something close to right, tour it that week; there is rarely a second look.
See every Brooklyn space with live pricing — a SquareFoot specialist confirms availability and sets up tours directly with operators, free.
Live listings in New York right now
Asking prices from operators, updated as inventory changes. See all New York listings →
SquareFoot is a new kind of commercial real estate company. Our easy-to-use technology and responsive team of real estate professionals delivers the most transparent, flexible experience in the market. Get in touch to start your search today.