The typical asking rate per listing is in the $20's per square foot per year. The Downtown Syracuse submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year.
In the last 90 days, 45 listings have been listed, so you'll want to check back regularly for new listings. About 56% of the listings in the Downtown Syracuse 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 3,620 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 6 floors. Most buildings in this market were built in 1930 and are Class A.
This region is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Downtown Syracuse occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.