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November 24, 2008
Commercial space rate in central slope
Does anyone know what commercial space in central park slope on 5th avenue go for? ($/sq ft).
Comments
While recently trying to rent my store I had tracked Park Slope commercial rental rates. For storefront space on 5th Ave., there were a wide range of prices available, from about $28/sf to $103/sf. The average seemed to be around $56/sf/yr.
Posted by: Bessie at November 25, 2008 10:31 AM
It depends on what the use will be. A restaurant will pay a lot more than say an office or a retail store. I agree with Bessie, I have seen spaces go for $58 a sq. ft. up to $100 sq. ft.
Posted by: broker at November 25, 2008 12:53 PM
Thanks for the input. The space in question is a bar with a liq. license.
Posted by: troll at November 25, 2008 2:09 PM
Thanks for the input. The space in question is a bar with a liq. license.
Posted by: troll at November 25, 2008 2:09 PM
A bar is definately going to be on the higher end per sq. ft.
Posted by: broker at November 25, 2008 2:25 PM
broker...email me at arial1@aol.com
Posted by: troll at November 25, 2008 3:28 PM
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