Sunnyside Retail

Sunnyside

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
6,440
As of: June 23, 2017

Sunnyside Rates

The typical asking rate per listing is in the $40's per square foot per year. The Sunnyside submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $46 per sqft per year.

Compared to the rest of the New York City market, the Sunnyside region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Sunnyside Listing Supply

In the last 90 days, 18 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 83% of the office spaces 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 available, so finding a space for a small business might be tough.

Even though the median size is 6,440 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this region were built in 1931 and are Class A.

Sunnyside Community

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 market. Commute by motorcycle is the most popular way to get to work amongst Sunnyside residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Sunnyside.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Sunnyside.
Research