Riverdale, NY
Commercial Real Estate Market Trends & Data

$379 Avg asking sale price
$428 Avg asking lease rate
6,160 SF Avg unit lease size
19,468 SF Avg building size for sale
6.79% Average cap rate

Riverdale's Demographic Profile

Riverdale has 39,009 households and a median income of $72,684, providing context for rent absorption and tenant demand across retail and multifamily assets. A -5% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 95,836
# Households 39,009
Median age 43
Median household income $72,684
Avg household size 2.0
Renter-occupied housing units 24,318
5-year population change -5%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Riverdale, NY

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Riverdale $424 18,151 SF 7.12%
Tenafly $375 21,993 SF 5.00%
Englewood $523 14,370 SF 6.00%
Bronx $422 19,427 SF 11.72%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Englewood $181 11,500 SF 4.14%
Bronx $400 29,218 SF 10.91%
Mount Vernon $360 23,198 SF 6.65%
Nearby Retail Markets Avg Cost/SF Typical Size
Riverdale $515 7,817 SF
Tenafly $375 7,864 SF
Englewood $426 7,860 SF
Bronx $510 44,160 SF
Mount Vernon $479 127,486 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Riverdale $251 24,289 SF 7.59%
Bronx $319 78,408 SF 13.57%
Mount Vernon $269 278,115 SF 7.90%
Yonkers $270 15,170 SF 8.32%
Fort Lee $754 3,027 SF 6.03%

Commercial Properties For Sale in Riverdale

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

1 Terrace View Ave

Bronx, NY 10463

  • 3,969 SF Retail Building
  • 6.60% Cap Rate
  • $1,360,000
For Sale

5731 Mosholu Ave

Bronx, NY 10471

  • 1,650 SF Retail Building
  • $850,000
For Sale

7% Projected Cap Rate Rising Riverdale Rights

Bronx, NY 10463

  • 10,500 SF Office Building
  • 7.12% Cap Rate
  • $4,500,000
For Sale

6 Units | 7.2% Cap Rate | No DHCR Filing

Yonkers, NY 10705

  • 6,882 SF Multifamily
  • 7.19% Cap Rate
  • $1,400,000
For Sale

7 Units | 8% Cap Rate | 4BRs | Yonkers

Yonkers, NY 10705

  • 7,623 SF Multifamily
  • 7.59% Cap Rate
  • $1,500,000
For Sale

3 Units * Free Market * Yonkers NY

Yonkers, NY 10705

  • 1,962 SF Multifamily
  • 5.30% Cap Rate
  • $900,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

The 3 Most Common Types of Commercial Leases
The 3 Most Common Types of Commercial Leases
Understanding Gross, Net, and Percentage Lease Structures and Their Impact on Your Business
Cash on Cash Return
Cash on Cash Return
Learn How Cash on Cash Return Can Optimize Your Real Estate Investments
Office Space Calculator
Office Space Calculator
Estimate How Much Space Your Team Really Needs
How to Buy a Church Building
How to Buy a Church Building
Learn the essential steps for evaluating, purchasing, and converting religious facilities into profitable investments
Balloon Payment Calculator
Balloon Payment Calculator
Use this calculator to estimate monthly payments, total interest, and the final lump-sum balloon payment for commercial real estate loans.
Types of Commercial Real Estate Investment Properties
Types of Commercial Real Estate Investment Properties
Understanding commercial properties and their investment potential
Raw Land vs. Unimproved Land
Raw Land vs. Unimproved Land
Learn the essential differences between raw and unimproved land to make informed commercial real estate decisions.
Starbucks Real Estate
Starbucks Real Estate
Top Starbucks Real Estate Listings: What Makes These Properties Prime Investments

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Riverdale pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Riverdale $379 19,468 SF
Englewood Cliffs $348 39,034 SF
Tenafly $375 15,671 SF
Englewood $374 12,103 SF
Bronx $434 55,368 SF

Multifamily Properties For Sale in Riverdale

For Sale

549 & 573 Isham St Sale

New York, NY

  • 7.34% Cap Rate
  • $11,000,000
For Sale

3505 Wayne Ave

Bronx, NY 10467

  • 54,000 SF Multifamily
  • 6.93% Cap Rate
  • $7,500,000
For Sale

NYC Medical Office Investment - 20K+ SF

  • Price Upon Request

Regional Demographic Comparison

This comparison places Riverdale 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 Riverdale or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Riverdale 95,836 39,009 43 $72,684 2 24,318 -5%
Bronx 1,317,763 464,185 37 $43,702 3 383,697 -8%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Riverdale, 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 Riverdale

View All Commercial Real Estate For Sale in Riverdale
Is Riverdale a good market for a first-time commercial real estate investor?

Riverdale 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 Riverdale?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Riverdale. 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 Riverdale?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Riverdale. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Riverdale compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Riverdale. 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 Riverdale acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Riverdale, 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.

Nearby Cities
Commercial Market Reports