On average, listings lease 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 went up $21 per sqft per year.
Compared to the rest of the New York City market, the Coney Island submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 5 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 40% of the available space in the Coney Island are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, 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 buildings in this area are approximately 2 floors. Most buildings in this area were built in 1931 and are Class B.
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 folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.