Greenwood Heights Retail

Greenwood Heights

Office Space Market Report

Number of Listings (last 90 days)
21
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
13,080
As of: December 8, 2016

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 rose $45 per sqft per year.

Compared to the rest of the New York City market, the Greenwood Heights region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Greenwood Heights Listing Supply

In the last 90 days, 21 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 5% of the listings in the Greenwood Heights are subleases, so you will probably have to focus your search on direct office leases. 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 13,080 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 4 stories. 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 region. 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.

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