North Brooklyn
New York - NY USA - Industrial Submarket
Industrial real estate intelligence for the North Brooklyn submarket. 57.5M SF of inventory with 5.1% vacancy. Data sourced from various MLS platforms.
57.5MSF
Inventory
2.9MSF
Available
5.1%
Vacancy
5.1%
Availability Rate
$33.22
Asking Rent
-0.4%
Rent Growth
-82,630SF
12mo Absorption
0SF
Under Construction
Market Metrics
12mo Delivered
0 SF
Under Constr % of Inv
0.0%%
Sale Price/SF
$442
Cap Rate
5.7%%
12mo Sales Volume
$399,623,866
Sales Vol Growth
-29.1%
Asset Value
$25,416,361,624
Net Absorption
-82,630 SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| SFO1 | $119.3M | 26,900 | Buyer 1 Altum Digital Infrastructure | Buyer 2 Igneo Infrastructure Partners |
| 4495 Low Latency Ln | - | 200,000 | - |
| 4495 Low Latency Ln | - | 200,000 | - |
| 8425 N 114th St | $2.6M | 232,663 | |
| Santa Clara Data Center/SFO2-B | $55.0M | 128,780 | CSquare |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| Four Overlook Point | 863,403 | $21.87 - 26.73 (Est.) | Woodcrest Capital LLC |
| Building D | 20,678 | $10.86 - 13.27 (Est.) | Entrada Partners |
| 570 Commerce Blvd | 80,866 | $13.71 - 16.75 (Est.) | Russo Development |
| The Falchi Building | 272,217 | $23.00 | Savanna Real Estate Fund |
| McHenry Corporate Center IV | 42,811 | $6.00 - 12.50 | Gold Drop |
Data Centre Development Potential
Moderate vacancy (5.1%) in North Brooklyn suggests a balanced market with selective opportunities for data centre conversion or development. Negative absorption of 83K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
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Evaluating North Brooklyn for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.