Total Office dollar volume increased 148% year-over-year. This increase was due to three transactions (9-11 Metrotech,
3 Metrotech and 6010 Bay Pky) which totaled 71% of Office dispositions.

Office transaction volume was the lowest of all asset classes with vacancy rates in Brooklyn hovering around 19.4%.

Interested in a Complimentary Asset Analysis?
Dan Marks
Have Dan contact you
Looking to Sell?
Contact Dan Marks
718-489-8333

Want Dan to contact you?

I would like to be contacted:

Total Office dollar volume increased 148% year-over-year. This increase was due to three transactions (9-11 Metrotech, 3 Metrotech and 6010 Bay Pky) which totaled 71% of Office dispositions. Office transaction volume was the lowest of all asset classes with vacancy rates in Brooklyn hovering around 19.4%

Dan Marks, Partner

Brooklyn 2022 Market Report Office

Download the 2022 Brooklyn Office Report

Office Insights

2022 Avg Sale Price: $18.9M

Average Sale Price by Region

  • Central Brooklyn $11.8M
  • East Brooklyn $4.3M
  • Greater Downtown Brooklyn $110.3M
  • North Brooklyn $27.4M
  • North-Central Brooklyn $7.3M
  • South Brooklyn $3M
  • West Brooklyn $2.1M