Brooklyn is the most populous and densely populated county in New York, as well as among one of the most expensive real estate markets in the United States. In the second half of 2023, the average annual asking rent of retail real estate in different corridors in Brooklyn varied between 44 and 275 U.S. dollars per square foot. North Sixth Street (Driggs Ave - Kent Ave) was the most expensive corridor, with an average square footage rent of 275 U.S. dollars.
Annual median and average asking rent of retail space in Brooklyn, New York in 2nd half 2023, by corridor
(in U.S. dollars per square foot)
Characteristic
Average rent
Median rent
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REBNY. (February 29, 2024). Annual median and average asking rent of retail space in Brooklyn, New York in 2nd half 2023, by corridor (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1269530/retail-space-rent-brooklyn-by-corridor/
REBNY. "Annual median and average asking rent of retail space in Brooklyn, New York in 2nd half 2023, by corridor (in U.S. dollars per square foot)." Chart. February 29, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1269530/retail-space-rent-brooklyn-by-corridor/
REBNY. (2024). Annual median and average asking rent of retail space in Brooklyn, New York in 2nd half 2023, by corridor (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1269530/retail-space-rent-brooklyn-by-corridor/
REBNY. "Annual Median and Average Asking Rent of Retail Space in Brooklyn, New York in 2nd Half 2023, by Corridor (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 29 Feb 2024, https://www.statista.com/statistics/1269530/retail-space-rent-brooklyn-by-corridor/
REBNY, Annual median and average asking rent of retail space in Brooklyn, New York in 2nd half 2023, by corridor (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/1269530/retail-space-rent-brooklyn-by-corridor/ (last visited September 01, 2024)
Annual median and average asking rent of retail space in Brooklyn, New York in 2nd half 2023, by corridor (in U.S. dollars per square foot) [Graph], REBNY, February 29, 2024. [Online]. Available: https://www.statista.com/statistics/1269530/retail-space-rent-brooklyn-by-corridor/