Compared to the rest of the New York City market, the Sunset Park submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 19 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 47% of the office spaces in the Sunset Park 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 16,020 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 3 stories. 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. Information is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Sunset Park folk. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.