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 $50 per sqft per year.
Compared to the rest of the New York City market, the Ridgewood region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 20 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,830 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this region were built in 1954 and are Class A.
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 residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.