Ridgewood Sublease

Ridgewood

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
2,830
As of: March 12, 2017

Ridgewood Rates

The typical asking rate per listing is in the $50's per square foot per year. The Ridgewood region is seeing a a boost in rates. In the last 3 months, the median rate increased $50 per sqft per year.

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

Ridgewood Listing Supply

In the last 90 days, 20 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 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 office spaces below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1954 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 region. Commute by car is the most popular way to get to work amongst Ridgewood folk. 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.
Research