Commercial Real Estate Market in Addisleigh Park, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
1,195 active listings and 10,248 off-market properties in Addisleigh Park, NY. Commercial property asks $789/SF to buy and $38.57/SF/Yr to lease.
Market Trends
Addisleigh Park, NY spans 4.8 square miles in Queens County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Addisleigh Park, NY asks $611/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Addisleigh Park, NY asks $490/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Addisleigh Park, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Addisleigh Park, NY asks $481/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Addisleigh Park, NY has 106,035 residents in 35,636 households. Density runs 22,201 people per square mile. Median household income here is $74,645 and median gross rent $1,453 a month.
106,035
Population
35,636
Households
3
Avg Household Size
39
Median Age
21%
College-Educated
83%
High-School Grad
4.8 sq mi
ZIP Area
22,201
Density / Sq Mi
$74,645
Median Household Income
$44,088
Median Earnings
$1,453
Median Rent
$600,339
Median Home Value
Tools
Lease vs Buy Breakeven
At $38.57/SF/Yr lease vs $789/SF buy → buying wins if held > 11 years.
At a 4.9% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Jamaica | — | $38.57 |
| Valley Stream | — | $27.00 |
| Floral Park | — | $28.71 |
| Meadowmere Park | — | $32.33 |
Commercial property in Addisleigh Park, NY asks $789/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Addisleigh Park?
Commercial property in Addisleigh Park, NY asks an average of $789 per square foot. The 6 most recent recorded sales traded at a median of $540/SF, so asking sits 46% above the achieved median. Office carries the highest asking price at $611/SF.
How much does it cost to lease commercial space in Addisleigh Park?
Asking lease rates in Addisleigh Park, NY average $38.57 per square foot per year.
Is it cheaper to lease or buy commercial space in Addisleigh Park?
Buying beats leasing in Addisleigh Park, NY if the property is held longer than 11.0 years, comparing $38.57/SF/Yr asking rent with $789/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Addisleigh Park market data come from?
Realmo compiles Addisleigh Park, NY figures from 6 recent recorded sales, 1,016 active sale listings, 179 active lease listings, 10,248 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1,016 active for-sale and 179 active for-lease listings in Addisleigh Park, NY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
