Compared to the rest of the New York City market, the Sunset Park submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 19 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 53% of the listings in the Sunset Park are subleases, so you might be able to snag a great spot on a short term. 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 16,020 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this region were built in 1931 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Sunset Park residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.