On average, listings lease in the $30's per square foot per year. The Greenwood Heights submarket is going through a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% increase in rent.
Compared to the rest of the New York City market, the Greenwood Heights submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 204 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available leases in the Greenwood Heights are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,400 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 4 floors. Most buildings in this area were built in 1955 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Professional services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Greenwood Heights occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Greenwood Heights.
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