The typical asking rate per listing is in the $30's per square foot per year. The Greenwood Heights submarket is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the New York City market, the Greenwood Heights region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 46 listings have been made available, so you'll want to check back regularly for new listings. About 28% of the listings in the Greenwood Heights are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,400 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 4 floors. Most buildings in this region were built in 1955 and are Class A.
A large portion of this region 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 occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.