For Sale
Riverdale, NY
Commercial Real Estate Market Trends & Data
$524
Avg asking sale price
$55
Avg asking lease rate
4,581 SF
Avg unit lease size
14,901 SF
Avg building size for sale
6.32%
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 | $517 | 21,993 SF | 5.00% |
| Englewood | $400 | 13,141 SF | 6.00% |
| Bronx | $442 | 19,030 SF | 11.72% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Englewood | $181 | 11,500 SF | 4.14% |
| Bronx | $413 | 29,373 SF | 10.91% |
| Mount Vernon | $224 | 24,014 SF | 6.65% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Riverdale | $515 | 7,817 SF |
| Tenafly | $375 | 7,864 SF |
| Englewood | $426 | 8,774 SF |
| Bronx | $565 | 40,836 SF |
| Mount Vernon | $494 | 109,890 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Riverdale | $330 | 18,324 SF | 7.59% |
| Bronx | $319 | 81,570 SF | 13.57% |
| Mount Vernon | $216 | 217,991 SF | 10.82% |
| Yonkers | $249 | 16,699 SF | 8.87% |
| Fort Lee | $489 | 3,422 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
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 Riverdale pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Riverdale | $524 | 14,901 SF |
| Englewood Cliffs | $473 | 26,343 SF |
| Tenafly | $375 | 15,671 SF |
| Englewood | $400 | 11,023 SF |
| Bronx | $462 | 54,878 SF |
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.
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.
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