Coney Island Sublease

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Coney Island

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
3,000
As of: December 4, 2016

Coney Island Rates

On average, listings lease in the $20's per square foot per year. The Coney Island submarket is going through a decline in rates. In the last 3 months, the median rate decreased $38 per sqft per year. That's a 63% decrease in rent.

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

Coney Island Listing Supply

In the last 90 days, 3 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 listings below 2,000 sqft. Most buildings in this area 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 region. 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 Report

Trends and status of the commercial real estate market in Coney Island.
Market Report

Market Data

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