On average, listings lease in the $20's per square foot per year. The Downtown Syracuse submarket is going through a a boost in rates. In the last 3 months, the median rate increased $20 per sqft per year.
In the last 90 days, 45 listings have been listed, so you'll want to check back regularly for new listings. About 47% of the listings in the Downtown Syracuse are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,620 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 6 stories. Most buildings in this market were built in 1930 and are Class A.
This area is fairly equally mixed residential and commercial. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Downtown Syracuse folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.