You can use a wider table in that space. I would suggest a square or a round table so you can have enough room to walk around between the table and the basement door.

Does the present table feel too big?

The space seems small to me. Maybe a 42 inch round table with chairs not perpendicular to the door or island.

Maybe you could mock up a table by cutting a piece of cardboard for the top of the table and prop it up and add chairs pushed up to the "table"

why don't you get some painters tape and mark out the size you think you'd like, or the max that you can use there. don't forget chairs and having to scoot them back to get in and out.

what if you used a round table and got one w/a leaf when you want bigger? You have so many rectangular lines in that one area, using something round will soften it a bit.

I think something like this would be perfect

go with a round table for the space as suggested..

Thank you all so much for your advice! We figured that a round table wouldn't fit as well in the space, but we will definitely try it out per all of your suggestions.