Rochdale Retail Space

Rochdale

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,900

Rochdale Rates

The typical asking rate per listing is in the $30's per square foot per year. The Rochdale submarket is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 8% decline in rent.

Compared to the rest of the New York City market, the Rochdale region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Rochdale Listing Supply

In the last 90 days, 16 listings have been listed, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 6% of the available leases in the Rochdale 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.

The standard measurement for office space in this area is around 1,900 sqft. Most buildings in this market are around 1 stories. Most buildings in this region were built in 1991 and are Class B.

Rochdale Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Rochdale residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Rochdale.
Research