Brooklyn
Commercial space in Coney Island
Coney Island's best-known commercial strip is Surf Avenue by the amusement parks and the boardwalk, where the Shore Theater, a seven-story theater and office building from 1925, stands at Stillwell Avenue by the terminal where the D, F, N and Q lines end. Mermaid and Neptune Avenues carry the everyday stores. The larger buildings sit north of the amusement district: self-storage buildings and big-box stores along Neptune Avenue, Cropsey Avenue and Shell Road toward Coney Island Creek, and a seven-story office and retail building from 2016 on Sheepshead Bay Road near the West 8th Street station.
- Commercial properties
- 337
- Retail stock
- 1.2M SF
- Median year built
- 1932
- Known for
- Retail, Restaurant
Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.
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NYC tax lot records
The building stock in Coney Island
What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.
- Commercial properties
- 337
- Office space
- 576K SF
- Retail space
- 1.2M SF
- Built before 1940
- 61%
Largest retail buildings
All 12 large commercial buildings in Coney IslandAge, height and zoning
- Median year built: 1932.
- Median height: 2 floors.
- Most common zoning districts: M1-2 (97), R6 (75), C7 (41). 33% of these lots are zoned for manufacturing.
- 6 lots are designated city landmarks.
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16. Counts cover tax lots with commercial floor area within about 0.5 mi of Coney Island's commercial core, and each lot counts toward one neighborhood only, so boundaries are approximate. Building figures are the city's floor-area estimates, not available space.
MTA station data
Subway stations in Coney Island
Every station within about 0.5 mi of Coney Island's commercial core, closest first. Stations joined by a free transfer count once.
- Stations
- 2
- Subway lines
- 4
- Fully accessible
- 1 of 2
- Closest
- Coney Island-Stillwell Av, 2 min walk
The 2 stations
- Coney Island-Stillwell Av
- W 8 St-NY Aquarium
Lines
The D, F, N and Q trains stop within about 0.5 mi of Coney Island's core.
Step-free access
- Coney Island-Stillwell Av (D F N Q) is fully accessible.
Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-16. Walking times are straight-line estimates from the nearest point of Coney Island's commercial core (the same area as the building counts), so the street route is longer. Accessibility is the MTA's rating for the named station. PATH, LIRR, Metro-North and ferries are not in this data.
NYC property records (ACRIS)
Recent building sales in Coney Island
2 sales of the large commercial buildings Leasemark tracks in Coney Island have been recorded since 2016, $66.8 million in all.
Newest sales
Since 2016
- Largest: 2964 Shell Road, $48.5 million in January 2016.
- Newest deed on record: June 2020. The city's open data runs about a month behind.
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; prices as the deeds state them, buyers named only when they are companies. These are sales of the large buildings Leasemark tracks, not every sale here: condo buildings (sold unit by unit), partial interests and sales of the company that owns a building are left out.
NYC Department of Finance
Commercial property taxes in Coney Island
Of the 12 large commercial buildings Leasemark tracks in Coney Island, 11 carry property tax on the city's 2026/27 assessment roll. Their median estimated tax is about $7.92 per square foot of floor area a year, before abatements.
Largest estimated bills
Across 11 taxed buildings
- The middle half pay between $4.27 and $11.82 a square foot of floor area a year.
- Brooklyn median: $6.14 a square foot, across 450 large buildings Leasemark tracks.
- Median market value on the roll: about $189 a square foot. That is the city's valuation for tax, not a sale price.
- 1 building is fully exempt: Child's Restaurant Building. Exemptions like these are common for government, nonprofit and PILOT properties.
34th highest of 73 NYC neighborhoods by tax per SFHow taxes show up in a lease
Source: NYC Department of Finance, Property Valuation and Assessment Data, 2026/27 roll, pulled 2026-10-16. Estimates are the taxable value after exemptions times the Class 4 rate of 10.848% (tax year 2025/26, the latest the city lists), divided by the building's floor area in PLUTO. They leave out abatements such as ICAP, payment-in-lieu-of-taxes agreements and charges, so actual bills differ. Large buildings only (35,000 SF and up in Brooklyn).
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
Good guy guarantee in NYC commercial leases
How a good guy guarantee works in a NYC commercial lease: what it covers, how the guarantor gets released, what to negotiate and the 2025 surrender ruling.
Retail lease terms in New York: percentage rent, escalations and more
A New York retail lease covers much more than rent. Here is what percentage rent, escalations, pass-throughs, use clauses and restaurant terms mean for you.
Questions about Coney Island
How much commercial space is there in Coney Island?
New York City's PLUTO tax lot data (26v2) records about 3.9 million square feet of commercial floor area across 337 properties in the part of Coney Island Leasemark covers, including about 576,000 square feet of office and about 1.2 million square feet of retail. The largest retail building by that measure is 2970 Cropsey Avenue, at about 149,000 square feet. That is the existing building stock, not space currently available.
What subway lines serve Coney Island?
Two subway stations sit within about 0.5 mi of Coney Island's commercial core, served by the D, F, N and Q trains. The closest is Coney Island-Stillwell Av (D F N Q), roughly 2 minutes on foot; then W 8 St-NY Aquarium (F Q). Walking times are straight-line estimates from MTA station data.
Which subway stations in Coney Island are accessible?
One of the two stations within about 0.5 mi of Coney Island's commercial core is fully accessible, per the MTA: Coney Island-Stillwell Av (D F N Q).
When did a large commercial building in Coney Island last sell?
The newest sale on record is 1509 Hart Place, which sold in June 2020 for $18.3 million to 3035 CROPSEY AVENUE, LLC, per the deed recorded with the city. 2 sales, $66.8 million in all, have been recorded of the large commercial buildings Leasemark tracks in Coney Island since 2016.
How much are commercial property taxes in Coney Island?
On the Department of Finance's 2026/27 assessment roll, the 11 large commercial buildings Leasemark tracks in Coney Island that pay property tax come to a median of about $7.92 per square foot of floor area a year, with the middle half between $4.27 and $11.82. That is the taxable value after exemptions times the Class 4 rate of 10.848% (tax year 2025/26, the latest the city lists), before abatements such as ICAP. The largest estimated bill is 2970 Cropsey Avenue, about $1.66 million a year. 1 more building is fully exempt. Many office leases pass a tenant's share of increases over a base year through as additional rent.
Do tenants in Coney Island pay the NYC Commercial Rent Tax?
No. The Commercial Rent Tax only applies to space in Manhattan below 96th Street. It was repealed for Brooklyn, so a commercial lease in Coney Island does not pay it at any rent.
Is it free to post on Leasemark?
Yes. Posting a space or a requirement is free. Contact details are only shared when both sides accept an intro.
Getting there
- D F N Q at Coney Island-Stillwell Av
- F Q at W 8 St-NY Aquarium
- F at Neptune Av