Most listings are in the $50's per square foot per year. The Sunnyside submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the New York City market, the Sunnyside region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 209 listings have been listed, so you'll want to check back regularly for new listings. About 9% of the office spaces in the Sunnyside 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,600 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1938 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Sunnyside folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Sunnyside.
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