Coney Island Office Space

Coney Island

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,000

Coney Island Rates

On average, listings lease in the $20's per square foot per year. The Coney Island region is seeing a a boost in rates. In the last 3 months, the median rate rose $21 per sqft per year.

Compared to the rest of the New York City market, the Coney Island region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Coney Island Listing Supply

In the last 90 days, 49 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Coney Island are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this area were built in 1931 and are Class B.

Coney Island Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Coney Island folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Coney Island.
Research