Commercial Real Estate Market in Sunnyside, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
1,268 active listings and 10,383 off-market properties in Sunnyside, NY. Commercial property asks $742/SF to buy and $46.85/SF/Yr to lease.
Market Trends
Sunnyside, NY spans 0.4 square miles in Queens County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Sunnyside, NY asks $450/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Sunnyside, NY asks $599/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Sunnyside, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Sunnyside, NY asks $511/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Sunnyside, NY has 27,407 residents in 13,224 households. Density runs 62,688 people per square mile. Median household income here is $84,716 and median gross rent $1,924 a month.
27,407
Population
13,224
Households
2.1
Avg Household Size
39
Median Age
51%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
62,688
Density / Sq Mi
$84,716
Median Household Income
$60,346
Median Earnings
$1,924
Median Rent
$665,700
Median Home Value
Tools
Lease vs Buy Breakeven
At $46.85/SF/Yr lease vs $742/SF buy → buying wins if held > 4.4 years.
At a 6.3% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Long Island City | — | $46.85 |
| Flushing | — | $59.55 |
| New York | — | $53.97 |
| Guttenberg | — | — |
Commercial property in Sunnyside, NY asks $742/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Sunnyside?
Commercial property in Sunnyside, NY asks an average of $742 per square foot. The 6 most recent recorded sales traded at a median of $611/SF, so asking sits 22% above the achieved median. Retail carries the highest asking price at $599/SF.
How much does it cost to lease commercial space in Sunnyside?
Asking lease rates in Sunnyside, NY average $46.85 per square foot per year.
Is it cheaper to lease or buy commercial space in Sunnyside?
Buying beats leasing in Sunnyside, NY if the property is held longer than 4.4 years, comparing $46.85/SF/Yr asking rent with $742/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Sunnyside market data come from?
Realmo compiles Sunnyside, NY figures from 6 recent recorded sales, 933 active sale listings, 335 active lease listings, 10,383 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 933 active for-sale and 335 active for-lease listings in Sunnyside, NY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
