Coney Island Retail 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

The typical asking rate per listing is in the $20's per square foot per year. The Coney Island submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $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 depreciated region.

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 available leases in the Coney Island are subleases, so you will probably have to consider a longer term lease. 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 spaces below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region 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 area. Commute by bike is the most popular way to get to work amongst Coney Island residents. Commuting close to 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