Ridgewood Industrial


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 28, 2016

Ridgewood Rates

Most listings are in the $50's per square foot per year. The Ridgewood submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 7% increase in rent.

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

Ridgewood Listing Supply

In the last 90 days, 4 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 600 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1956 and are Class A.

Ridgewood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Ridgewood occupants. Commuting around 15 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 Ridgewood.
Market Report

Market Data

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