Most listings are in the $50's per square foot per year. The Sunnyside submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 5% decrease 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 undervalued region.
In the last 90 days, 15 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 8,750 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this area 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 region. Commute by motorcycle is the most popular way to get to work amongst Sunnyside occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.