On average, listings lease in the $50's per square foot per year. The Sunnyside region is experiencing a an increase in rates. In the last 3 months, the median rate went up $13 per sqft per year. That's a 29% rise in rent.
Compared to the rest of the New York City market, the Sunnyside submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 18 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 156% of the available space in the Sunnyside 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 posted, so finding a space for a small business might be tough.
Even though the median size is 7,270 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 2 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 residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.