Park Slope, Brooklyn, NY Office Space for Rent
With a population of over 62,000, Park Slope is a lively and picturesque neighborhood with fascinating historic buildings, prime shopping locations, and high-rated dining and entertainment areas. Notable spots near Park Slope include the Brooklyn Academy of Music, the Brooklyn Museum, and the Brooklyn Botanic Garden.
Park Slope’s convenient location and unique atmosphere have made it one of the most desirable neighborhoods in New York City. Unsurprisingly, many businesses have chosen Park Slope for their company headquarters. Here is why you, too, might want to look into Park Slope office space.
Park Slope Office Space – Lease Data & Trends
With the post-pandemic easing of restrictions and rising employment rates, the local economy is bouncing back fast in NYC’s outer boroughs, including Brooklyn.
Although the outer boroughs have experienced a slowing of growth throughout the middle of 2021, in large part due to the shortage of Class A space, tenant demand is currently on the rise. In the second quarter of 2021, businesses have leased over 400,000 square feet of office space in Brooklyn, with occupancy levels continually climbing up.
Notable projects under construction in the area include a 370,000 square foot development on Columbia Street in nearby Red Hook, with Amazon as the major tenant.
Authorities note that throughout the pandemic, the entire Brooklyn borough has enjoyed comparative stability in office space rents. According to CBRE data, the average office space rent price was $55 per square foot in Downtown Brooklyn in the second quarter of 2021, compared to $58 at the same period last year.
What Our Brokers Say About Park Slope Office Space
Unquestionably, Park Slope is one of the safest and most reputable neighborhoods in Brooklyn. Its picturesque rows of brownstones, tree-lined streets, and a general atmosphere of community and security make Park Slope one of the top local choices for both residential and commercial property leasing.
Park Slope is a neighborhood that unites a charming small-town with high accessibility and a central location close to Brooklyn’s bustling commercial hubs. Noteworthy companies with offices in Brooklyn include Google, Apple, McKinsey & Company, and Johnson & Johnson.
Setups that are interested in shared office spaces or entrepreneurs looking for coworking spaces can also find efficient solutions in the area of Park Slope, Brooklyn, NY. Park Slope HQ, Park Slope Desk, and The Yard: Gowanus are home to many entrepreneurs who live and work in this area of Brooklyn.
Top Commercial Buildings in Park Slope (Brooklyn)
Here are some of the top commercial property listings we would recommend for business owners looking to lease office space in Park Slope.
794 Union Street: Just a few blocks from Prospect Park, this relatively small commercial building could be a great location for your company’s next office. It’s a short walk from the 7th Avenue, Union Street, and Grand Army Plaza subway stations.
187 Garfield Place: This small office loft building, located right off of 7th Avenue, is very centrally located and close to a number of major subway lines. The space has a modern yet rustic feel and has great natural lighting.
25 8th Avenue: Located just by Grand Army Plaza, this historic building is home to the renowned Montauk Club. Renovations were completed in 2020. This building boasts proximity to the 2, 3, 4, B, D, M, Q, N, and R trains.
Get to Know Park Slope
The opening of Prospect Park in 1867 served as a catalyst to the population of nearby areas, which began to fill with Victorian mansions in the last quarter of the 19th century. Many of these quaint homes still stand, contributing to the charm of Park Slope.
Just as it was more than a century ago, Prospect Park remains a haven of calm and greenery in an increasingly dense urban area. The Park Slope neighborhood has an old-time charm and leisurely feel that appeals to people who live, work, and visit in the area.
Park Slope is home to many cozy coffee shops, diverse restaurants, and independent bookstores. Famous local attractions include the Old Stone House, a reconstructed Dutch farmhouse from the end of the 17th century, the Prospect Park Zoo, and of course, Prospect Park itself with its stunning Long Meadow.
Park Slope is easily accessible by public transportation, including the F and G subway routes and the Hempstead and Long Beach trains.
Why Rent Office Space in Park Slope?
By choosing Park Slope for your office location, you gain the best of both worlds: convenient proximity to the bustling urban areas of New York City, along with a quiet, almost rustic feel of a neighborhood that offers a slower pace and a more personal connection.
Park Slope’s old-town atmosphere can suit a wide array of small- to mid-sized businesses looking to establish themselves locally and gain a loyal client base.
With the natural recovery of the commercial real estate market in Brooklyn in 2021, it is almost certain that more businesses will continue to seek office space in Park Slope.
Nearby Neighborhoods to Set Up Office Space
Maybe you aren’t sure that Park Slope is the right place to set up your company headquarters, or perhaps you are interested in expanding your business to other locations nearby. In this case, you might want to consider exploring adjacent neighborhoods in Brooklyn, including:
One of NYC’s largest business districts, Downtown Brooklyn is a bustling, busy area where your business is sure to thrive. Many tech companies and startups call Downtown Brooklyn home. The neighborhood is also home to a number of higher education institutions, including Brooklyn Law School, NYU Tandon School of Engineering, and Long Island University Brooklyn. Additionally, there is no shortage of local amenities for local workers to enjoy.
More industrial but less populated than Park Slope, Gowanus is a well-connected neighborhood that offers a unique frontier-style and comparatively affordable rent prices on both sides of the Gowanus canal, which appeal to many business tenants.
Looking for a more relaxed feel? This small neighborhood is easily accessible by train and boasts proximity to Prospect Park, but offers a calmer environment than neighboring areas like Downtown Brooklyn. Prospect Heights could be a great choice for your small business.
Are you ready to find your perfect Park Slope office space? Contact us today, and we will be happy to help you explore commercial space options in the area and choose the ideal location for your business.