On average, listings lease in the $50's per square foot per year. The Sunnyside region is experiencing a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 13% rise in rent.
Compared to the rest of the New York City market, the Sunnyside region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 18 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 13,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this market 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. Waste services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Sunnyside occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.