Most listings are in the $50's per square foot per year. The Coney Island submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $38 per sqft per year. That's a 173% increase in rent.
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, 6 listings have been listed, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 19,300 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this market 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 market. Commute by bike is the most popular way to get to work amongst Coney Island folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.