Greenwood Heights Industrial

Greenwood Heights

Office Space Market Report

Number of Listings (last 90 days)
46
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
1,490
As of: June 28, 2017

Greenwood Heights Rates

Most listings are in the $30's per square foot per year. The Greenwood Heights submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $39 per sqft per year.

Compared to the rest of the New York City market, the Greenwood Heights submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Greenwood Heights Listing Supply

In the last 90 days, 46 listings have been made available, so you'll want to check back regularly for new listings. About 65% of the available space in the Greenwood Heights are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,400 sqft. Most properties in this region are approximately 5 floors. Most buildings in this region were built in 1956 and are Class A.

Greenwood Heights Community

A large portion of this area is residential, but there's plenty of office_space. Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Greenwood Heights folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Greenwood Heights.
Market Report

Market Data

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