Most listings are in the $30's per square foot per year. The Greenwood Heights region is experiencing a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 19% decrease 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 undervalued submarket.
In the last 90 days, 46 listings have been made available, so you'll want to check back regularly for new listings. 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 1,630 sqft. Most buildings in this market are around 5 stories. Most buildings in this area were built in 1956 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 residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.