Sunnyside Retail

Sunnyside

Office Space Market Report

Number of Listings (last 90 days)
209
Median Rate ($/sqft/yr)
$59
Median Size (sqft)
7,270
As of: August 17, 2017

Sunnyside Rates

The typical asking rate per listing is 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 smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Sunnyside Listing Supply

In the last 90 days, 18 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 156% of the available leases in the Sunnyside 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 7,270 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 2 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 folk. 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