Clinton Hill, NY Office Space for Rent
Clinton Hill is a beautiful neighborhood filled with trees and young families. Contrary to the stereotype of New York City, this neighborhood is peaceful and even relaxing. Fall in love with the lovely parks and outdoor spaces, the interconnected web of other hip Brooklyn neighborhoods, and the architectural diversity of Clinton Hill.
There is plenty of Clinton Hill office space for rent that will put your business in the heart of East Brooklyn. Named after New York Mayor and Governor DeWitt Clinton, this area is a popular destination for those looking to escape the urban jungle of Manhattan. With accessible transit and plenty to do after work hours, Clinton Hill is a great place to rent office space.
Clinton Hill Office Space – Lease Data & Trends
Eastern Brooklyn’s office submarket was surprisingly not too heavily impacted by COVID-19. While there was a shift from asking rent from Q1 2020 ($47.31 per square foot) to Q1 2021 ($48.38 per square foot), these fluctuations are relatively steady, amounting to around 0.6% higher year-over-year.
Eastern Brooklyn is a popular place for renters, and in Q1 2021, these neighborhoods touted 11.1% availability. This availability is 0.2% higher than in Q1 2020 (10.5% availability). Compared to Brooklyn as a whole, Eastern Brooklyn has the lowest availability and the third lowest asking price for rent.
Overall, Brooklyn’s Q1 2021 leasing activity decreased by 50.0% since Q4 2020 (which was 40.7% lower than leasing activity than Q1 2020). Leasing activity amounts to 232,285 tenants with net absorption of 140,498.
Some of the most significant lease transactions in Q1 2021 for Brooklyn include Daedalus Design & Production at 63 Flushing Avenue and Cowtan & Tout at 148 39th Street. These and other new transactions are breathing life into the Eastern Brooklyn office submarket, and the trend is only continuing.
What Our Brokers Say About Clinton Hill Office Space
The Hill, as it’s colloquially known, is primarily a residential neighborhood with local amenities. Besides small businesses, you will not find booming industries. One of the most notable attractions is the Pratt Institute, where the lovely sculpture park is open to the public.
Following the IRS’s renewal at 2 MetroTech Center and a new lease by Daedelus Design at 63 Flushing Avenue, many businesses are opting to renew or lease new properties, even after the market’s stifling a bit during the Coronavirus.
Take a look at Clinton Hill office space for rent, as it’s a neighborhood with a growing business scene. Your business can take advantage of the gorgeous architecture and laid-back community while it’s still available.
Top Commercial Buildings in Brooklyn’s Clinton Hill
20 Grand Avenue: Built in 1919, this office building is located at the top of Clinton Hill bordering the Navy Yard. Best for creative use, this office building is a transformed 20th-century factory. Offices range from 700 square feet to 1,293 square feet and can be on any of the building’s seven floors.
36 Waverly Avenue: Located in the middle of Clinton Hill’s best art communities, this class C building has plenty of natural lighting and free Wi-Fi. The available Clinton Hill office space for rent is 2,400 square feet.
168 Sillman Street: Next to Coffee Break and plenty of other shopping destinations, this office gives you plenty to do—and eat—during your breaks. This Class B building has a homey vibe and a small-business-office feel. A little further than Clinton Hill’s borders, this is another ideal office space to rent.
Get To Know Clinton Hill
Clinton Hill boasts plenty of local and unique attractions that pull visitors from all over the city.
One of the most notable is the Brooklyn Pop-Up Market. This market hosts various vendors, including clothing sellers, artisan food purveyors, and jewelry makers. Each weekend has a different theme, so it’s a market that’s worth returning to again and again.
Many know Clinton Hill due to the Pratt Institute, known for its exceptional art and design programs. The campus itself is a beauty to behold, and Pratt opens many lectures and programs to the public.
Clinton Hill is known primarily for its trees, something not seen in abundance in other parts of the city. This neighborhood is ideal for those looking to go for a pleasant stroll, whether with purpose or aimlessly.
Why Rent Office Space in Clinton Hill, Brooklyn?
Clinton Hill has plenty of amenities to serve its residents and workers alike. If you’re into Caribbean food, check out Imani’s, a neighborhood staple. Clementine’s Bakery and other local coffee shops make it easy to grab a cup throughout your workday and maybe sit in the park on your lunch break.
For commuters, Clinton Hill is the perfect place to rent office space. The neighborhood is served by the Fulton Street Line (A and C trains), with stops at the Clinton-Washington Avenues station and the IND Crosstown Line (G train). The busses that service this neighborhood include:
Nearby Neighborhoods To Set Up Office Space
One of Clinton Hill’s best features is how close it is to other fun parts of Brooklyn. A lot of the surrounding neighborhoods make great locations to start an office space.
Famous around the city for the park of the same name, Fort Greene is a great place to shop for organic foods, browse antique furniture, and grab a bite to eat. The neighborhood has a charming allure, thanks in part to its DIY scene, and it is a remarkably clean area of the city.
Known for its diversity, Prospect Heights has plenty of restaurants and activities close to public transportation. Prospect Park is perhaps one of the most notable parks in the city, giving residents a great place to relax on the weekend or during their time off. The Brooklyn Public Library and the Brooklyn Museum rest at the southern end, bringing plenty of culture to the already hip neighborhood.
As the third-largest central business district in NYC, Downtown Brooklyn has a lot to offer. Whether you’re grabbing a bite to eat nearby or hopping over the Brooklyn Bridge to see what Manhattan has to offer, this neighborhood provides plenty to do with easy access to other significant parts of the city.