On average, listings lease in the $0's per square foot per year. The Downtown Syracuse submarket is going through a decline in rates. In the last 3 months, the median rate fell $21 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 4 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the Downtown Syracuse are subleases, so you might be able to find a shorter term or below market rent. 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 6,080 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 19 floors. Most buildings in this region were built in 1950 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. 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 residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.