For Sale
Ridgewood, NY
Commercial Real Estate Market Trends & Data
$647
Avg asking sale price
$44
Avg asking lease rate
4,052 SF
Avg unit lease size
22,628 SF
Avg building size for sale
6.68%
Average cap rate
Ridgewood's Demographic Profile
Ridgewood has 20,233 households and a median income of $73,742, providing context for rent absorption and tenant demand across retail and multifamily assets. A -9% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 56,238 |
| # Households | 20,233 |
| Median age | 37 |
| Median household income | $73,742 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 16,605 |
| 5-year population change | -9% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Ridgewood, NY
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Ridgewood | $506 | 22,578 SF | 9.39% |
| Glendale | $565 | 14,289 SF | 9.39% |
| Woodhaven | $569 | 5,875 SF | 5.52% |
| Middle Village | $540 | 3,525 SF | 9.39% |
| Jamaica | $537 | 9,248 SF | 9.64% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Glendale | $531 | 19,297 SF | 6.45% |
| Woodhaven | $486 | 6,950 SF | 6.00% |
| Middle Village | $399 | 23,782 SF | 6.45% |
| Jamaica | $546 | 17,818 SF | 8.00% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Ridgewood | $592 | 6,179 SF |
| Glendale | $644 | 4,169 SF |
| Woodhaven | $557 | 8,410 SF |
| Middle Village | $627 | 7,754 SF |
| Jamaica | $654 | 9,054 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Ridgewood | $552 | 27,278 SF | 7.86% |
| Glendale | $782 | 11,178 SF | 8.79% |
| Middle Village | $722 | 17,397 SF | 8.79% |
| Jamaica | $483 | 8,326 SF | 9.64% |
Commercial Properties For Sale in Ridgewood
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Ridgewood pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Ridgewood | $647 | 22,628 SF |
| Glendale | $654 | 12,866 SF |
| Woodhaven | $502 | 10,111 SF |
| Middle Village | $551 | 15,565 SF |
| Jamaica | $576 | 12,099 SF |
Multifamily Properties For Sale in Ridgewood
Regional Demographic Comparison
This comparison places Ridgewood alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Ridgewood or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Ridgewood | 56,238 | 20,233 | 37 | $73,742 | 3 | 16,605 | -9% |
| Glendale | 27,880 | 9,818 | 41 | $83,345 | 3 | 5,551 | -11% |
| Woodhaven | 34,169 | 10,021 | 41 | $77,677 | 3 | 5,310 | -11% |
| Middle Village | 31,944 | 11,887 | 46 | $87,852 | 3 | 5,498 | -9% |
| Jamaica | 682,095 | 213,532 | 42 | $79,322 | 3 | 106,710 | -8% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Ridgewood, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Ridgewood
View All Commercial Real Estate For Sale in Ridgewood
Is Ridgewood a good market for a first-time commercial real estate investor?
Ridgewood offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in Ridgewood?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Ridgewood. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in Ridgewood?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Ridgewood. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Ridgewood compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Ridgewood. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for Ridgewood acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Ridgewood, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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