Greenwood Heights Industrial

Greenwood Heights

Office Space Market Report

Number of Listings (last 90 days)
46
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
4,420
As of: March 11, 2017

Greenwood Heights Rates

Most listings are in the $40's per square foot per year. The Greenwood Heights region is seeing a an increase in rates. In the last 3 months, the median rate increased $11 per sqft per year. That's a 29% increase in rent.

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 discounted region.

Greenwood Heights Listing Supply

In the last 90 days, 46 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Greenwood Heights are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 4,420 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 5 floors. Most buildings in this area 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 market. Commute by walking is the most popular way to get to work amongst Greenwood Heights residents. 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